How COVID-19 is impacting M&A insurance

Singapore's proposed amendments to the PDPA: how does this affect your organisation?

Developing a new business strategy as lockdown rules ease

Bringing buildings back to life after the COVID-19 lockdown

While the current COVID-19 pandemic has emptied city centres, life will eventually get back to normal.

COVID-19 creates new D&O claims risk

The COVID-19 outbreak is affecting the risk of litigation against Directors and Officers as potential plaintiffs scrutinise the way the board manages the company through the coronavirus crisis. While Asia is yet to see the impact, US courts have received the first securities class actions against company directors and there are set to be more claims once health concerns around the outbreak slow or are contained.

The COVID-19 impact on insurance

Insurers are facing higher claims in some insurance classes and lower premium in others due to the COVID-19 outbreak and both are likely to have consequences for insurance buyers for example in form of higher premium and the introduction of exclusions.

Protecting unoccupied property amidst COVID-19

Many of our real estate sector clients and their tenants will be following Government advice and have arranged for their employees to conduct business from home, rather than at their usual place of work. This is likely to become more widespread as time goes by, with a large number of premises becoming unoccupied or occupied intermittently.

Cancelling events amid the COVID-19 outbreak

There are many factors to consider before cancelling an event due to the COVID-19 outbreak but ultimately the final decision should be based on what is best for the company and its stakeholders.

Working from home amidst the COVID-19 outbreak

Wherever possible, companies are letting employees work from home to help slow the spread of the coronavirus. While this is generally a sensible decision, it adds cyber security risks to the company’s network, requiring staff to shift quickly to a new work routine which specifically addresses additional risk protection.