Queensland’s CS Energy sues five insurers for US$195m claims from explosion: report
February 16 2024 by InsuranceAsia News- Liability
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South Korea mandates liability cover under new data, crypto regulations: Korean Re
- April 25
The market, which was hit by US$555m in summer rainfall losses last year, is set to benefit from compulsory insurance norms and the local players will also see easing of overseas expansion regulations, a report by the reinsurer says.
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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.
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New capacity ‘crucial’ for Asia’s riskier nuclear property market
- March 4
As Asian countries move to embrace nuclear generation in line with their net-zero goals, the region needs new insurers to tame heightened risks from nuclear property and liability, says Marsh.
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Dual names new head of liability for New Zealand
- February 22
Stewart Eaton, who was most recently senior underwriter for the specialty MGA, will start in the role on April 15.
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FM Global | Resilience: No longer a choice
As climate disclosure becomes mandatory and new risks emerge from natural hazards, understanding the tools that are available to build resilience is more important than ever.