Latest China Headlines
All the headlines from our China Topic Page, ordered by recency.
AIR Worldwide Estimates COVID-19 Global Deaths Could Rise 10K-30K by End of March
Mar 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 and 900,000 globally, with deaths ranging from 10,000 to 30,500, from now until...
Not All Workers Have Same Options for Avoiding Virus
Mar 13 2020 // A barber in Beijing is supporting his wife and child by charging food and other expenses to a credit card while he waits for his employer’s shop to reopen. A waiter at a barbecue restaurant in Kansas City, Missouri,...
Despite China Deal, U.S. Farmers Still Dependent on Government Aid: Analysis
Mar 12 2020 // As U.S. President Donald Trump touted the signing of a U.S.-China trade deal in January, he told cash-strapped farmers they would soon need bigger tractors and “a little more land” to meet additional Chinese...
China Non-Life Insurers See Big Drop in Car Accident Claims in Coronavirus Silver Lining
Mar 12 2020 // Chinese non-life insurers are discovering a silver lining to the cloud spreading over China’s economic performance from the coronavirus outbreak – a sharp drop in car accident claims. Beijing’s efforts to...
Caution is based in knowledge, fear is based in suspicion
Mar 11 2020 // I’ve been wrestling over what to write here for the last several days. Here is a list of different articles that I ultimately rejected for several different reasons. Why losses related to COVID-19 is not covered on...
FACTBOX: Latest News on Coronavirus’ Health, Economic Impact
Mar 9 2020 // The number of people infected with coronavirus topped 110,000 across the world as the outbreak reached more countries and caused more economic damage. DEATHS/INFECTIONS * More than 110,000 people have been infected by the...
Lawsuits Against Businesses Over Coronavirus Have Begun. More to Come?
Mar 4 2020 // The coronavirus has upended markets, disrupted supply chains and forced quarantines. It’s all fertile ground for lawsuits. Hospitals, restaurants, day care centers, nursing homes and hotels may face claims that they...
Risk Modeling Firm Verisk Cancels Live Event Over Virus, Goes Virtual for Cyber Seminar
Mar 4 2020 // Insurance data analytics and risk modeling firm Verisk has converted its Cyber and Casualty Seminar scheduled for March 10 in New York City from an in-person to a free virtual event “out of an abundance of caution...
Insurance Unlikely to Cushion Coronavirus Losses – But There Are Exceptions
Mar 4 2020 // Don’t look for much relief from insurers to cushion losses from canceled events, travel disruptions and potential medical claims from the deadly Covid-19 virus that’s sweeping across the globe. The...
Handshakes, Buffets Out. Otherwise It’s Insurance Conferences-as-Usual Amid Coronavirus.
Mar 3 2020 // As the coronavirus and its COVID-19 disease spread, Insurance professionals going to industry conferences over the next few weeks and months could find themselves having their temperature taken at the door and being told...
AIR Worldwide Uses Pandemic Model to Determine Countries at Highest Risk
Mar 3 2020 // AIR Worldwide published an evaluation of potential coronavirus disease 2019 (COVID-19) cases in other countries, using its pandemic model to run hypothetical scenarios, which could reveal those countries at the highest...
FACTBOX-Update on Coronavirus Around the World
Mar 2 2020 // The rapid spread of the new coronavirus has increased fears of a pandemic, sending global markets into a dive and prompting governments to step up control measures. As of Monday, there have been over 89,000 cases of the...
Coronavirus’ Hits to Supply Chains Could Surpass Natural Disasters: Opinion
Feb 26 2020 // Everyone is wondering when China will return to work. While it may be tempting to consider past epidemics or labor strikes to gauge how quickly that could happen, the industrial shutdown from the coronavirus is looking...
Coronavirus Update: On Decline in China But of Rising Concern in South Korea, Italy, Iran
Feb 25 2020 // Iran’s coronavirus death toll rose to 16 on Tuesday, the most outside China, heightening its international isolation as dozens of worst-hit nations from South Korea to Italy accelerated emergency measures to curb the...
China Ends Two-Year State Custody of Troubled Anbang Insurance
Feb 21 2020 // China’s two-year state custody of Anbang Insurance Group Co., the group that became a poster child for private companies with too much debt and lofty global ambitions, is set to end this weekend. Authorities took...
Coronavirus Raises Insurance Questions But Catastrophe-Tested Insurers Are Prepared
Feb 20 2020 // As the coronavirus outbreak continues to cause concern around the globe, the insurance industry is facing a potentially far-reaching impact but has the experience to handle what might come its way. Based on what the...
China’s Ping An Insurance Says Coronavirus Outbreak Could Hit Business
Feb 20 2020 // Ping An Insurance Group Co. of China Ltd., China’s largest insurer by market value, said on Thursday that the coronavirus may have an impact on its business. Ping An’s comments on the virus were included in its...
FACTBOX: China Takes Steps to Bolster Coronavirus-Hit Economy
Feb 19 2020 // Chinese policymakers have implemented a raft of measures to support an economy jolted by a coronavirus outbreak that is expected to have a devastating impact on first-quarter growth. The People’s Bank of China (PBOC)...
12 Chinese Insurers Co-Launch Coverage for Businesses Hit by Coronavirus
Feb 18 2020 // China’s southern province of Hainan has launched the first specially designed insurance product to cover losses incurred by businesses as a result of the coronavirus outbreak in the country, the banking and insurance...
Cruise Ship Tests Coronavirus Containment as 300 Passengers Return to U.S.
Feb 17 2020 // TRAVIS AIR FORCE BASE, Calif./GENEVA, Feb 17 —More than 300 American cruise liner passengers, including 14 who tested positive for coronavirus, were flown home to military bases in the United States after two weeks under...
