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Insurance and Risk in a Post-Covid Economy

Certain insurance classes will take a hit while others will have time to recover, consumer behaviour will radically change the rules of engagement for insurers and brokers, and accelerate digital transformation   Nothing will be the same in the world post-Covid 19. As our economy slowly ...
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Coronavirus impact on shipping industry: idle vessels face new risks, Allianz warns

Increasing disruption and economic pressures caused by the pandemic also has serious risk management implications for the maritime community and insurers alike. Covid-19 pandemic makes it difficult to relieve crews, resulting in growing seafarer fatigue, which is a main cause of human error on board ...
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Coronavirus: Fighting the rise in cyber criminals from the home office

With many people working remotely because of the coronavirus outbreak, the number of cyber incidents is increasing as hackers, scammers and spammers look to exploit vulnerabilities in an attempt to steal valuable information. In response, AGCS experts highlight a number of measures that can help employees ...
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COVID-19: HOW TO MAKE SURE YOUR CLIENTS’ WILLS ARE VALID DURING SOUTH AFRICA’S LOCKDOWN

Lockdown has spurred many South Africans to draw up their Wills online or over the telephone. But with every new circumstance we are often presented with challenges that require innovation and creative solutions to overcome these challenges. One thing the dawn of Covid-19 has taught us is that if you ...
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Businesses need to restart facilities with care and caution after coronavirus lockdown to reduce risk of damages

Allianz Global Corporate & Specialty recommends site security inspections and dedicated loss prevention measures to ensure a successful and safe reopening after shutdown. Fires, machinery breakdowns and faulty workmanship/maintenance among the most expensive causes of insurance claims. Condition ...
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From The Glossary »

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Zero-coupon convertible security:

A zero-coupon bond convertible into the common stock of the issuing company after the stock reaches a certain price, using a put option inherent in the security.
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