FEMA Tackles COVID-19 While Also Facing Past Disasters, Spring Flood Season March 23, 2020 By Leslie Kaufman and Brian K. Sullivan It wasn’t until Wednesday, five days after President Donald Trump declared a national emergency, that the Federal Emergency Management Agency...
Lloyd’s Closes London Underwriting Room in Response to Coronavirus Crisis March 19, 2020 By L.S. Howard After conducting a successful stress-test last week of its electronic trading system, Lloyd’s has made the decision to close its...
AIR Worldwide Estimates COVID-19 Global Deaths Could Rise 10K-30K by End of March March 18, 2020 AIR Worldwide, the Boston-based catastrophe risk modeling firm, projected the number of severe cases of COVID-19 could range between 200,000...
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...
Cruise Ship Tests Coronavirus Containment as 300 Passengers Return to U.S. February 17, 2020 By Stephanie Nebehay and Stephen Lam TRAVIS AIR FORCE BASE, Calif./GENEVA, Feb 17 —More than 300 American cruise liner passengers, including 14 who tested positive for...
Factbox: How Companies Are Reacting to Coronavirus February 3, 2020 Companies around the world have warned that a coronavirus outbreak in China could disrupt supply chains or hurt bottom lines...
As Economic Costs of Coronavirus Mount, China Accuses U.S. of Overreacting February 3, 2020 By Kevin Yao and Winni Zhou The economic and diplomatic costs of China’s coronavirus epidemic mounted on Monday with investors knocking $400 billion off the value...
Global Coronavirus Cases Soar to 10,000 as WHO Declares Health Emergency January 31, 2020 By Bloomberg News The U.K. confirmed its first two cases of coronavirus on Friday, while the U.S. and Japan advised citizens to avoid...
Many Global Firms Face High Coronavirus Costs Due to Insurance Exclusions January 29, 2020 By Noor Zainab Hussain, Carolyn Cohn and Sumeet Chatterjee Many global companies from hotels and airlines to industrial houses are expected to have to foot the bill for disruptions...
Coronavirus Impact: Growing List of Global Firms Cut Back on China Business Activities January 29, 2020 By Bloomberg News Starbucks Corp. has closed more than half of its coffee shops in mainland China — about 2,000 of them —...