Category:

Disaster & Management

Coronavirus Pandemic: Short-term closure of plants or premises can pose risks for companies:AGCS Study

“We already see a number of losses that occur on holidays or weekends when employees are not largely present on sites or premises,” says Ralf Dumke, Regional Head of Risk Consulting Property, AGCS Central & Eastern Europe: “The production and operating shutdowns currently being caused by the coronavirus pandemic can also bring increasing hazards for businesses.

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FPIs pull out record Rs 1.1 trn in March, highest withdrawal ever

Terming the fund outflow as “unparalleled”, Himanshu Srivastava, senior analyst manager research, Morningstar India, said that with fear over the degree of impact that Covid-19 could leave on the global economy, foreign investors stormed out of the emerging markets, with India among the worst hit.

“The intensity of the situation could be gauged from the fact that even during the financial crisis of 2008, FPIs sold net assets worth $9.3 billion in the Indian markets while in March 2020, they have been net sellers to the tune of USD 16.5 billion,” he added.

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Caronavirus Pandemic:“Wimbledon”cancellation trigger £100 million insurance claims

“We’re fortunate to have the insurance and it helps,” The Guardian quoted AELTC chief executive Richard Lewis as saying on Thursday. “The insurers, the brokers, and everybody involved have been excellent to work with so far, but there’s still a lot of work to do.”

Outgoing chief executive Lewis revealed a virus clause was put into the All England Club’s insurance policy in 2003 due to fears over the scale of the SARS disease

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Caronavirus Pandemic:30% infections linked to Tablighi centre,death toll nears 100-mark

Sharing the age-group analysis of COVID-19 patients, Agarwal said the maximum 42 per cent are of 21-40 years, 33 per cent of 41-60 years, 17 per cent are above 60 years and 9 per cent are of 0-20 years.

The elderly people and those with other medical complications are said to be at higher risk in this pandemic. In Delhi also, five of the six COVID-19 patients who have died were above 60.

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