Examples of Coronavirus Event in a sentence
Assessment of Bank Capital During the Recent Coronavirus Event, Board of Governors of the Federal Reserve System, June 2020, p.
The transition from profit in the corresponding period in 2019 to loss in the reporting period was due to investment losses in the reporting period stemming from sharp price drops on the capital market as a result of the Coronavirus Event.
For information on the progress of the Coronavirus Event and its impact on the business of the Company, see section 1.3 above.
The Procedure for Resolving a Coronavirus Event, which contains18: – First phase: First phase/time: Provision of a room for staff in crisis mode and assignment of clients.
For additional information on the effects of the Coronavirus Event in 2020 and the related actions taken by the Company, see Section 1 of the Board of Directors’ Report for 2020.In the reported period, the Israeli government continued the nationwide vaccination campaign against the coronavirus, in an attempt to eradicate the pandemic and reduce morbidity rates.
Assessment of Bank Capital During the Recent Coronavirus Event, Board of Governors of caused by COVID-19.194 The Fed reported that all large U.S. banks were “sufficiently capitalized” to survive the three scenarios, but it determined that there is “material uncertainty” about the trajectory for the economic recovery and corresponding uncertainty related to its effects on the financial health of banking organizations.
For additional information on the effects of the Coronavirus Event in 2020 and 2021 and the related actions taken by the Company, see section 1(c) in the financial statements for 2020 and section 1(c) in the financial statements for 2021.In the first half of 2022, morbidity rates somewhat increased but had a limited impact as the number of severe cases remained constant.As of the date of publication of the report, activity in the Israeli economy has almost fully resumed, with no restrictions.
The transition from losses on investments in the corresponding period in 2020 to gains on investments in the reported period was due to rises in the prices of corporate bonds and share indexes in the reported period, as compared to sharp price drops on the Israeli capital market and in global financial markets in the corresponding period in 2020 as a result of the Coronavirus Event (see section 2 above).
The principal effect of the Coronavirus Event on the business results of the Company in said quarter is the sharp drop of prices in the Israeli capital market and in the global financial markets.
To the date of publication of the periodic report as at September 30, 2020, the Company does not expect a material adverse effect on the underwriting results of the Company in 2020 as a result of the Coronavirus Event.