Battery risks extend EV insurance’s frontier into product liability
May 14 2024 by Georgina Lee- Analysis
- Claims
- Environment
- Fire
- Liability
- Motor
- P&C
- Product Recall
- Asia
- China
- Taiwan
- Allianz Insurance Singapore
- Crawford & Company
- Swiss Re
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Korea’s lithium fire sparks calls for global safety standards
- July 16
Underwriting guidelines must consider various factors to price battery risks, including the quality of manufacture, testing and certification, and the separation and containment of units, especially in light of the Aricell factory fire.
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Trade credit insurers expect ‘harder’ market as insolvencies return to pre-Covid highs
- July 15
A 'buyer’s market' prevails as claims have yet to exceed pre-pandemic levels. But rising geopolitical and trade tensions have boosted intra-Asia trade and insurance demand, with some carriers expanding investments in the region.
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Asia Pacific reinsurance market finds a new equilibrium
- July 12
While the market is ‘finely balanced’ for now, its sustainability will depend on the loss activity in the remaining six months of 2024, according to reinsurance experts and analysts.
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Asia carriers looking to extend renewables capacity as projects soar
- July 11
Large and complex regional projects exposed to nat cat risks could still find it hard to secure insurance as they require specialist underwriting expertise from London markets.
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Guy Carpenter | Private equity’s reshaping of the Asian life sector has further to run
PE-backed reinsurers provide access to asset classes and investment expertise that often don’t exist within the traditional carriers themselves.
