India hikes third party motor liability premiums
May 30 2022 by InsuranceAsia News Staff-
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.
-
LeapFrog Investments taps Indonesia’s reform opportunities with full-stack insurtech
- April 12
The insurance-focused investor believes that the winners in South-East Asia’s largest digital economy will be those that can steer away from an asset-light broking model, as it backs insurtech PasarPolis in ramping up its underwriting capability.
-
Taiwanese regulator excludes battery risks from EV insurance terms
- April 9
Electric vehicle owners will need to get insured via additional provisions for damage caused by battery combustion, according to the Financial Supervisory Commission.
-
PICC P&C 2023 net profit drops as nat cats, post-Covid reopening aggravate claims
- March 27
China's largest P&C insurer saw net profit for the financial year drop 15.6% and its combined ratio edge up to 97.8%