Pandemic
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Coronavirus to cost global economy more than $280bn in Q1 but supply chain risk uncertain
Economic disruption caused by the coronavirus will cost the world economy more than $280bn in the first quarter of this…
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Coronavirus: Companies need to activate business continuity plans sooner rather than later, says Parima
The Pan-Asia Risk & Insurance Management Association (Parima) has created a webpage for its members to keep them abreast of…
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Risk managers on alert as coronavirus pandemic fears grow
Amid speculation that coronavirus may soon be declared a pandemic, the outbreak’s economic impact is beginning to be felt with…
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Coronavirus supply chain crunch feared as Chinese LNG importer invokes force majeure
Chinese liquid natural gas (LNG) importer, CNOOC Group, has invoked force majeure to cancel contracts without liability meaning it won’t…
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Novel coronavirus outbreak: implications for international trade and shipping
The recent outbreak of a novel coronavirus in Wuhan, China has received worldwide attention and is increasingly putting a strain…
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Aviation risk managers need to consider coronavirus impact on sector
In 1996, a 32-year-old woman died of a drug-resistant strain of tuberculosis after flying with a US carrier from Chicago…
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Companies advised to risk-assess business travel and supply chains as coronavirus spreads
Risk managers are being advised to risk-assess business travel and prepare for increased staff absenteeism as the number of confirmed…
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Coronavirus unlikely to lead to large insured losses, say experts
The impact of the coronavirus outbreak is unlikely to lead to large insured losses, even for international insurance and reinsurance…
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WHO declares coronavirus public health emergency
The outbreak of coronavirus in China has been declared a public health emergency by the World Health Organization (WHO), joining…
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Companies urged to plan for coronavirus disruption
As the death toll from the coronavirus reaches 170, risk managers are being advised to plan for potential supply chain…
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Coronavirus outbreak poses big challenges for Asia-Pacific risk managers as toll rises
Risk managers in the Asia-Pacific region and worldwide need to brace themselves for a difficult start to 2020 as the…
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WHO calls for detail on Chinese risk management measures for Coronavirus outbreak
The World Health Organization (WHO) has asked the People’s Republic of China to provide more information on cross-government risk management…