News - On the Coronavirus Front
GENERALI social partners agreed on a joint declaration to face the crisis caused by the pandemic
Generali Group Head Office and the Generali European Works Council, the body representing almost 58,000 employees within the EU perimeter of the Group, defined a Joint Declaration to face the Emergency Crisis caused by the Covid-19 enduring pandemic.
Czech Rep.: Three quarters of insurers' employees work from home
According to a regular report conducted by CAP (the Czech Insurance Association) on COVID-19 impact on member insurance companies, about three quarters of employees in insurance companies work remotely.
Romania, Covid-19: Employees in insurance and banking to be vaccinated in the third stage of immunization, scheduled for April
Bankers and insurance employees which are working directly with the public will be included in the third stage for COVID 19 immunization, which is due to begin in April, according to the latest Government Decision published in the Official Gazette, local media reported.
A global report of Aon highlights "The New Better" on the novel COVID-19
Aon has published a report that highlights shift in attitudes of leading organizations toward long-tail risks and the impacts on how society will continue to work, travel and convene.
Prior to the pandemic, medical costs for employers projected to increase minimally in 2020
Global broker Aon plc, reports that its large employer clients budgeted on a pre-pandemic basis an average of USD 12,091 per employee for health care costs this year, up 1.8% from 2019.
Most Brits used lockdown 2.0 to review finances
More than half of Brits (57%) took action in relation to their saving in preparation for the November lockdown in England, according to the latest analysis by AVIVA.
Aviva, UK: Covid-19 increased interest in ESG investing
According to one of the latest Aviva survey, one side-effect of the Covid-19 crisis has been an increased in the interest of investing in ESG (Environmental, Social and Governance) by UK investors.
POLAND: PZU provides 200 life-bands to hospitals in the fight against coronavirus
PZU will provide another 200 so-called life bands to hospitals that treat patients with COVID-19. The first such devices were delivered to institutions in May. The life band is an innovative solution on a global scale that analyzes the key vital parameters of patients and alerts medical staff in the event of a life threatening situation.
Munich Re: COVID-19 pandemic serves as a stark reminder for low-probability risks that bear tremendous loss potential
Following years of eroding rates caused by excess capacities and low major-loss expenditure, particularly in European markets, low interest rates - likely to remain even lower for even longer due to the coronavirus pandemic - are impacting the profitability of reinsurers, Munich Re said.
COVID-19 claims notifications outweigh reduced activity during lockdown
The coronavirus pandemic and resulting lockdowns have had a significant impact on commercial and specialty lines of insurance, both in terms of claims volumes and financial impact, according to the Report "Covid-19: Changing claims pattern", released by AGCS - the corporate insurance carrier of ALLIANZ Group.
Lloyd's of London makes GBP 12 million charitable donations in response to Covid-19
Lloyd's of London announced it has made charitable donations totaling GBP 12 million to 197 charities worldwide, to support customers and communities - in response to the global spread of COVID-19.
COVID-19 has significantly altered how Germans perceive risk
The "ERGO Risk Report 2020 EXTRA", conducted by the independent market research institute "HEUTE UND MORGEN" in mid-September, clarifies that the corona crisis has changed the perception of risks and opportunities considerably - but has also encouraged Germans to be more open for digital innovations.
Pandemic led the AXA's future risks ranking
The seventh edition of its Future Risks Report recently published by French insurer AXA highlights health as a major issue moving pandemic risk into top spot.
Zurich and University of Oxford launched a new report about workforce resilience during COVID-19
Zurich Insurance Group and the Smith School of Enterprise and the Environment at the University of Oxford launched a new report about COVID-19 issues. Based on two global surveys and interviews with business leaders, the study to address issues affecting working people worldwide, including the digitalization of the economy, the need for continuous education, and the fragility of many national social protection systems.
Since October, DUNAV Insurance has been offering Covid insurance for the whole world
The company DUNAV osiguranje is the first on the Serbian market to offer, since October 1, a travel insurance policy for all destinations in the world, which includes the Covid 19 risk. The policy will be without a time limit for return.
CROATIA, HANFA: Financial sectors can endure the burden of the coronavirus crisis in 2020
The Council of the Croatian Financial Services Supervisory Agency (HANFA) discussed, among other things, the impact of the corona crisis on the financial services sector and the possible introduction of euro currency in Croatia with its effects on the financial markets.
Aon launches its Virtual Reinsurance Renewal Season
Global re/insurance broker Aon announced it launches its Virtual Reinsurance Renewal Season, calling for the re/insurance industry to collaborate to bring capital closer to clients' needs and drive growth across the global insurance ecosystem.
Majority of Brits are worried about funding retirement
Over half (58%) of non-retired people aged 45-60 are worried they will not have enough money to provide an adequate standard of living in their retirement according to a new survey by AVIVA, yet over a fifth (21%) of non-retired people in this age group are not taking action to strengthen their retirement income.
WTW and WEF release white paper on how to value talent in the new world of work
WILLIS TOWERS WATSON (WTW) and the World Economic Forum (WEF) have published "Human Capital as an Asset: An Accounting Framework to Reset the Value of Talent in the New World of Work," a new white paper that provides organizations with a model to reshape how they value and make decisions about their workforces in a post-COVID-19 world of work.
1 in 4 Gen Z employees have sought mental health help since beginning of pandemic
The coronavirus pandemic has impacted the professional and personal lives of millions of U.S. employees, causing a significant portion to seek help for their mental health.
8 July 2021