More than 5,000 chief executives globally expressed record optimism about economic growth a year after the World Health Organization declared COVID-19 a global pandemic, suggests a PwC survey. The survey of 5,050 CEOs in 100 countries conducted earlier this year found 76 percent forecasted improved economic growth in 2021. The result is up from 22… Continue reading More than Three-Quarters of CEOs Confident about Global Economy in 2021: PwC Survey
Tag: WHO
Airlines Ask WHO to Back Quarantine-Free Travel After Vaccines
The airline industry has called on the World Health Organization to rule it’s safe for people to fly without quarantining once they’ve had a coronavirus vaccine. Acknowledgement of that principle from the United Nations agency is vital to the development of a digital-travel pass aimed at getting people moving again once infection rates ease, the… Continue reading Airlines Ask WHO to Back Quarantine-Free Travel After Vaccines
Catastrophe Bonds Signal Coronavirus Nearing Pandemic Status
The World Health Organization says the coronavirus isn’t yet a global pandemic. Bonds that insure against just such a catastrophe say that it probably is. The bonds, sold in 2017 by the World Bank to raise money for poor countries in a global pandemic, are quoted as much as 40% below their face value following… Continue reading Catastrophe Bonds Signal Coronavirus Nearing Pandemic Status
Insurance Review: Maximizing Insurance Coverage for Coronavirus Losses
The Situation: Declared a global health emergency by the World Health Organization, and with more than 17,000 cases already confirmed worldwide, preliminary estimates indicate that the latest coronavirus outbreak may not peak until late April 2020. The Result: Business interruption and other losses due to the continued global spread of coronavirus are projected to total… Continue reading Insurance Review: Maximizing Insurance Coverage for Coronavirus Losses
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