economy in recession News

J.P. Morgan Economist Sees 40% Chance of US Recession

There is about a 40% chance of a U.S. recession this year and a risk of lasting damage to the country’s standing as an investment destination if the administration undermines trust in U.S. governance, according to J.P. Morgan’s chief economist. …

Double Whammy of Insurance and Energy Costs to Trigger UK Insolvencies, PwC Warns

More than 30,000 British companies went bust last year, with accountants warning of a “double whammy” to come in April that could trigger another wave of insolvencies. Big businesses were the worst hit, according to a report published Thursday by …

Analysis: How a Recession Affects Return to Work by Injured Workers

With the COVID-19 virus causing economic disruption, the Workers’ Compensation Research Institute would like to share the findings from a study it published in 2010 that sheds light on how a typical recession affects the return to work of injured …

Bermuda Sovereign Downgrade Does Not Affect Bermudian (Re)Insurers: S&P