May 18, 2020
Amazon’s French warehouses are set to reopen on Tuesday with about 30% of employees, three union officials said, ending a month-long dispute over whether the e-commerce giant was doing enough to protect workers from the coronavirus pandemic. The U.S. retailer’s …
May 18, 2020
China is urging domestic companies to look at listing in London, several sources told Reuters, as the country aims to revive deals under a Stock Connect scheme and strengthen overseas ties in the wake of the coronavirus crisis. The Shanghai-London …
May 18, 2020
Britain’s fruit and vegetable farmers have long dreaded their country’s exit from the European Union, worrying that it would keep out the tens of thousands of Eastern European workers who come every year to pick produce. Now, the coronavirus pandemic …
May 15, 2020
A new report titled, “Strong Social Distancing Measures in the United States Reduced the COVID-19 Growth Rate” finds that steps taken to reduce the spread of corononavirus by state and local governments have had a major impact. The results imply …
May 15, 2020
The Financial Conduct Authority (FCA) announced a set of measures to help insurance customers who may be suffering financial difficulties as a result of coronavirus pandemic. The measures include premium reductions, discounts, waiving fees and premium payment deferrals. FCA explained …
May 15, 2020
Typhoon Vongfong forced more than 150,000 people in the Philippines to leave their homes, risking coronavirus infection as they move to usually packed shelters. Intense rains and strong winds damaged houses and crops as the first typhoon to enter the …
May 15, 2020
Generali’s P&C unit Global Corporate & Commercial (GC&C) and insurtech company Descartes Underwriting have formed a strategic partnership to develop parametric products designed to help close the growing insurance protection gap. This collaboration combines GC&C’s technical capabilities in the corporate …
May 14, 2020
Renege on a deal with the Agnellis and you can expect to pay for it. Scion John Elkann has refused to renegotiate the Italian family’s $9 billion sale of its reinsurance business after the buyer, French mutual Covéa, sought to …
May 14, 2020
Having reviewed 70% of all of the North American insurers it rates for the effects of the coronavirus and economic downturn, Fitch Ratings has affirmed the ratings of 72% of the carriers with stable outlooks. Only 4% have been downgraded. …
May 13, 2020
More than one million people around the world have been deemed recovered from the coronavirus, but beating the initial sickness may be just the first of many battles for those who have survived. Some recovered patients report breathlessness, fatigue and …