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Analysts at U.K.-based investment banking firm Barclays PLC expect the lockdown in India due to the coronavirus outbreak to cost $120 billion, The Economic Times reported citing the Press Trust of India. The three-week nationwide lockdown alone is expected to cost $90 billion, the analysts said.
1. Turkish airlines cancel flights to Iran and Iraq amid war concerns
3. Zurich Insurance to stop underwriting new oil and gas projects
4. Bermudan, European reinsurers to suffer major hit from bridge collapse
5. Tycoon gets death sentence for multi-billion-dollar fraud
6. Inflation drives 10% increase in sum insured for windstorms