Product recall risks growing
December 6 2017 by InsuranceAsia News-
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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Market Lane rolls out new Australian MGA to offer product recall, environment liability
- May 6
ML Specialty, to be led by Sam Souso, will offer environmental impairment liability as well as product contamination and product recall products for the food and beverages industry.
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Product recall specialist BluNiche to enter China with new capacity
- May 5
The London MGA, backed by Chaucer capacity, has secured an increase in its underwriting capacity for 2025.
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‘Unsurprising trend’ as product recall market goes from strength to strength amid global supply chain complexity
- April 14
Pricing is relatively stable on a risk-adjusted basis in APAC due to new market entrants and capacity from London, sources told InsuranceAsia News.
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Peak Re | From climate modelling to market opportunity: Forging a new clarity on Southeast Asia’s climate risk
Southeast Asia's protection gap: a crisis of clarity, not just capital
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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.
