Pandemic
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Companies urged to review business continuity plans as Covid-19 hits Europe
European businesses will need to review business continuity plans and business travel policies as the Covid-19 virus continues to spread,…
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Risk managers look to quantify Covid-19 exposures and insurance protection as disease spreads
Risk and insurance managers face the challenge of keeping boards informed about the potential impact of the coronavirus (Covid-19) outbreak,…
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Firms ill prepared for prolonged coronavirus impact: Marsh
Marsh Risk Consulting has warned that most businesses are not prepared for any prolonged impacts from a globally-spreading infectious disease…
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Coronavirus spikes in Europe as Italy places northern towns on lockdown and global pandemic fears mount
The impact of Covid-19 hit Europe hard over the weekend, as the Italian government in particular took drastic action to…
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Acceleration in coronavirus numbers hammers Asia-Pacific manufacturing figures
Leading economies in the Asia-Pacific region are feeling the impact of the coronavirus outbreak, as manufacturing figures in Japan and…
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Coronavirus impacts top brands’ sales and supply chains
Major global corporates are starting to feel the impact of the coronavirus outbreak in China as supplies and components exported…
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AIR’s coronavirus case ranges far exceed official stats
AIR models suggest there are likely to be more coronavirus cases than official figures suggest with projections on the conservative…
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Coronavirus could wipe out European growth in Q1 2020: S&P
Growth across the eurozone and the UK is expected to be knocked by between 0.1% and 0.2% as a result…
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China province launches coronavirus cover
The Chinese province of Hainan has launched an insurance product specifically designed to cover losses incurred by businesses as a…
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Africa sees first coronavirus case
The first case of coronavirus (Covid-19) has been found in Egypt, as a Chinese man returned to the north African…
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Coronavirus impact on supply chains felt by JCB and Alibaba
The regional and global supply chain impact from the coronavirus has rapidly shifted from potential to real, as leading Chinese…
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Coronavirus excluded from new event cancellation policies: Reuters
Insurers are starting to exclude coronavirus from event cancellation policies after several high-profile events were scrapped because of the virus,…
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Coronavirus: Financial firms warned of potential run on cash and cyber scams
The Monetary Authority of Singapore (MAS) has issued an advisory for financial institutions to adopt additional measures and precautions to…
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Business continuity plans to the fore as coronavirus supply chain disruption predicted to last till Q3
As Verisk Maplecroft warns that coronavirus has “seriously interrupted” global supply chains and expects disruption to last until Q3, risk…
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Coronavirus provides ‘critical test’ of southeast Asia’s ability to reduce dependency on China
The coronavirus outbreak provides a critical test of the southeast Asia region’s ability to diversify global supply chains and reduce…
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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…
