Battery risks extend EV insurance’s frontier into product liability
May 14 2024 by Georgina Lee- Analysis
- Asia
- China
- Taiwan
- Liability
- Motor
- Product Recall
- Claims
- ESG
- Fire
- P&C
- Allianz Insurance Singapore
- Crawford & Company
- Swiss Re
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Product recall cover in the spotlight as US bans Indonesian shrimp over ‘disturbing’ Fukushima radiation link
- September 1
US Food and Drug Administration has cracked down on imports from BMS Foods, but the link with Japan’s nuclear power plant has been questioned.
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Where there’s smoke, there’s fire: as enhanced EV risks rise, insurers urged to find ‘viable solutions’ with demand set to grow
- August 26
Marine insurers are growing increasingly concerned over the risk posed by the transportation of electric vehicles and lithium-ion batteries.
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APAC upstream market continues to navigate difficult conditions as double-digit rate reductions energise buyers
- August 20
Increased underwriting capacity, limited catastrophic loss activity, and heightened competition among insurers suggest there is sustained downward pressure of 5-12.5% on premium rates.
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Asia’s revitalised art market attracts new capacity as demand for tailored cover grows
- August 19
Fion Ko, associate director of fine art and specie for Asia at Willis, tells InsuranceAsia News' Between The Lines podcast that an increasing demand for digital art is posing challenges as the market finds ways to cover the emerging risks.
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Peak Re | From climate modeling to market opportunity: gorging a new clarity on Southeast Asia’s climate risk
Southeast Asia’s protection gap: a crisis of clarity, not just capita
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BHSI WICare+ | Accelerating Payments, Empowering Recovery
Launched in cooperation with Steadfast’s Singapore network, WICare+ fills the gaps found in traditional coverage and keeps businesses and their workforce secure by covering up to SG$350,000 in medical expenses per claim.
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BHSI | Managing non-Asian exposure in long-tail lines
While US-exposed business can look attractive to Asian carriers, managing the volatility around the long-term results and the ability to model those losses are crucial, say BHSI’s Marc Breuil and Marcus Portbury.
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Allianz General | Allianz General combines innovative protection solutions while powering social good to lead Malaysian market
The insurer proactively addresses emerging risks and evolving customer protection needs while giving back to the community.
