Singapore mulls expanding policy owner protection to third-party liability, travel cover
December 11 2023 by InsuranceAsia News-
Singapore’s ‘forever chemicals’ ban highlights growing momentum for claims exclusions
- May 15
The city state will ban the use of certain PFAS chemicals from February 2025, those used in fire-fighting foams from 2026, according to the National Environment Agency.
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Battery risks extend EV insurance’s frontier into product liability
- May 14
The heightened risks of fire and explosions associated with the use of lithium-ion batteries are forcing (re)insurers to rethink the way they approach their motor insurance business.
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South Korea mandates liability cover under new data, crypto regulations: Korean Re
- April 25
The market, which was hit by US$555m in summer rainfall losses last year, is set to benefit from compulsory insurance norms and the local players will also see easing of overseas expansion regulations, a report by the reinsurer says.
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Insurers wrestle with rising claims as lithium battery use widens
- April 17
The industry needed to define its positions on whether the battery fire is an operational risk for users, or a product liability risk, especially in the case of thermal runaway.
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WTW | Building resilience against emerging risks in Asian realty sector
WTW’s Ben MacCarthy, head of real estate, hospitality & leisure, Asia, and Jennifer Tiang, cyber leader, Asia, discuss the real estate industry’s sectoral risk landscape and the emerging role of proptech.
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FM Global | Resilience: No longer a choice
As climate disclosure becomes mandatory and new risks emerge from natural hazards, understanding the tools that are available to build resilience is more important than ever.