Product recall risks growing
December 6 2017 by InsuranceAsia News-
Product recall market to swerve loss over Tesla’s China hidden door handle snafu
- August 27
Over four million vehicles are affected in China’s biggest-ever car recall, which also includes vehicles from Chinese carmakers XPeng, Xiaomi and Geely.
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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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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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