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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PartnerRe | The missing life stage: why caregiving is reshaping the future of protection in APAC
To stay relevant, insurers should engage caregivers earlier with solutions that combine protection, navigation support, and preventative planning.
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BHSI | The real risk begins underwater: How subsea risk is changing insurance
Asia's subsea industry is expanding and evolving rapidly, with the growing use of technology across the region changing the way risks are be assessed.
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Beazley | Clean marine: How aqua-innovators can ride the energy wave
Insurance is critical to clean marine progress, but new fuels bring risks traditional policies do not fully cover, presenting market players an opportunity to build new models.
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PartnerRe | Dementia the protection gap insurers can no longer ignore
Unlike acute illnesses, dementia creates a long tail of financial need and its impact extends well beyond patients.
