FACTBOX-Update on Coronavirus Around the World March 2, 2020 The rapid spread of the new coronavirus has increased fears of a pandemic, sending global markets into a dive and...
Professional Sports Leagues Keeping Close Track of Coronavirus March 2, 2020 By Stephen Whyno Major North American professional sports leagues are talking to health officials and informing teams about the coronavirus outbreak that has...
New York Governor Wants $40M to Respond to Coronavirus February 28, 2020 By Marina Villeneuve New York’s governor says he will ask state lawmakers in coming days to approve $40 million to help state health...
Global Insurers Face Hefty Claims If Coronavirus Forces Olympics Cancellation February 28, 2020 By Noor Zainab Hussain and Carolyn Cohn Global insurers face a hefty bill if the coronavirus forces the cancellation of the Summer Olympics in Tokyo, with estimates...
Catastrophe Bond Prices Signal Coronavirus Nearing Pandemic Status February 28, 2020 By Tasos Vossos The World Health Organization says the coronavirus isn’t yet a global pandemic. Bonds that insure against just such a catastrophe...
Markets Are Overreacting to Threat of Coronavirus: Allianz CEO Baete February 26, 2020 By Lucca de Paoli and Suzy Waite Markets are overreacting to the threat of the rapidly spreading coronavirus and the global economy will only see a short-term...
Coronavirus’ Hits to Supply Chains Could Surpass Natural Disasters: Opinion February 26, 2020 By Anjani Trivedi, Bloomberg Opinion Everyone is wondering when China will return to work. While it may be tempting to consider past epidemics or labor...
Insurance Coverage for Losses Stemming from the Coronavirus February 26, 2020 By Pamela D. Hans and Marshall Gilinsky The coronavirus has not only sickened tens of thousands of people, killed several hundred, and disrupted life for millions, but...
Coronavirus Fears Drive Up Credit Risk for Gulf Crude Exporters February 25, 2020 By Davide Barbuscia The cost of insuring against sovereign debt defaults by Gulf Arab states has risen in recent days as markets price...
Coronavirus Update: On Decline in China But of Rising Concern in South Korea, Italy, Iran February 25, 2020 By Parisa Hafezi and Ryan Woo Iran’s coronavirus death toll rose to 16 on Tuesday, the most outside China, heightening its international isolation as dozens of...