Following the 2019 novel coronavirus outbreak (“Covid-19”), WeSure, Tencent’s insurance platform, swiftly established an emergency response team to provide real-time information to users, and introduced multiple insurance plans designed to protect those who may be affected. WeSure’s Covid-19 response team was assembled in early January 2020. On January 29, WeSure offered its first Covid-19 coverage,… Continue reading WeSure Launches Novel Coronavirus Pneumonia Insurance Covering 15 Million People Against Outbreak of Covid-19
Tag: coronavirus
Research: Coronavirus Could Infect Two-Thirds of the Globe
As the number of coronavirus cases jumps dramatically in China, a top infectious-disease scientist warns that things could get far worse: Two-thirds of the world’s population could catch it. So says Ira Longini, an adviser to the World Health Organization who tracked studies of the virus’s transmissibility in China. His estimate implies that there could… Continue reading Research: Coronavirus Could Infect Two-Thirds of the Globe
Coronavirus Exposes Cracks in Carmakers’ Chinese Supply Chains
The coronavirus is providing a lesson in how much the world’s car factories revolve around China. Hyundai, the world’s fifth-largest automaker, said Tuesday that it was temporarily stopping production lines at its factories in South Korea because of shortages of Chinese parts. The Hyundai shutdowns — the first factory lines to be idled outside China… Continue reading Coronavirus Exposes Cracks in Carmakers’ Chinese Supply Chains
WHO Declares Health Emergency as Coronavirus Outbreak Spreads
The World Health Organization (WHO) declared a global public health emergency over the spread of the Wuhan coronavirus on Thursday, citing the potential of the virus to spread to countries not prepared to deal with the contagion. Declaring the public health emergency of international concern (PHEIC), WHO director general Tedros Adhanom Ghebreyesus emphasised multiple times… Continue reading WHO Declares Health Emergency as Coronavirus Outbreak Spreads
Coronavirus Triggers Damage Control from Governments, Companies
Government officials and corporate executives around the world are scrambling to limit the damage from the fast-spreading coronavirus as Russia tightened its border with China and the U.S. announced plans for a second evacuation of the Chinese city at the center of the epidemic. In response to the virus, companies including Tesla Inc. and IKEA… Continue reading Coronavirus Triggers Damage Control from Governments, Companies
Many Global Firms, Excluded from Epidemic Insurance, Face Heavy Coronavirus Costs
Many global companies from hotels and airlines to industrial houses are expected to have to foot the bill for disruptions caused by a new coronavirus in China, with epidemics usually excluded from insurance cover, experts said. With 132 deaths in China and new cases being reported around the world, companies are set to face billions… Continue reading Many Global Firms, Excluded from Epidemic Insurance, Face Heavy Coronavirus Costs
China’s Industrial Core at Standstill as Cities Extend Shutdown in the Wake of Coronavirus
The coronavirus outbreak in China is hitting the country’s manufacturing nerve centers, as measures including an unusual decision to extend the Lunar New Year holiday lengthen plant shutdowns in industrial centers. The Chinese government said Monday that the weeklong holiday would be extended by three days to Feb. 2 to curb the spread of the… Continue reading China’s Industrial Core at Standstill as Cities Extend Shutdown in the Wake of Coronavirus
Officials Confirm Five U.S. Cases of Coronavirus After China Travel
Five people in the United States, all of whom recently traveled from Wuhan, China, have been diagnosed with the new coronavirus, officials of the federal Centers for Disease Control and Prevention said on Sunday. The count includes new patients identified over the weekend in the Los Angeles and Phoenix areas, as well as cases reported… Continue reading Officials Confirm Five U.S. Cases of Coronavirus After China Travel