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COVID-19 Pandemic:“None of us is safe until all”says UN Chief

“Comprehensive, coordinated public health measures are critical to slow transmission and to save lives. But even countries that have taken such steps remain in jeopardy. And the virus is still likely to strike many countries that are least able to cope. In an interconnected world, none of us is safe until all of us are safe,” UN Secretary-General Antonio Guterres said

Tens or 100s of billions? Insurers consult crystal balls on coronavirus costs

Losses could exceed $500 billion if state lawmakers require insurers to cover business-interruption claims for pandemic losses, former CNA Financial Corp Chief Executive Dennis Chookaszian told Reuters. Most policies exclude that risk, but insurers are facing lawsuits over it and eight U.S. states are considering laws to retroactively make insurers pay such claims.

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