CDB Aviation files lawsuit against 18 insurers over jets stranded in Russia: report
November 19 2022 by InsuranceAsia News Staff-
Bond & Credit Co exec breached underwriting limits in Greensill deals: report
- March 21
Court documents obtained by the Australian Financial Review showed that Tokio Marine had self-reported the issue to regulators nine months before the financier’s collapse.
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New Zealand court overturns tribunal’s imposition of new obligations on home insurance claims
- March 21
Canterbury Earthquakes Insurance Tribunal in 2022 ordered that IAG New Zealand had to pay all repair costs upfront upon entering a building contract.
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Opinion: Growing lithium-ion battery fire lawsuits pose an emerging risk for insurers
- March 8
While there remain questions about whether the original cause of loss is battery fires, an increasing number of cases is looking to establish the connection that will have ramifications for the industry.
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Scandal-hit Japanese carriers’ disciplinary actions to see senior management pay cuts, resignations
- March 1
At Sompo Japan CEO Giichi Shirakawa and deputy Satoshi Iitoyo have stepped down, while all four Japanese insurers have announced reduction in the remuneration of senior executives for a limited period as well as strengthening of their audit systems.