RACQ appoints Bank of America for potential sale: report
May 10 2024 by InsuranceAsia News
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Battery risks extend EV insurance’s frontier into product liability
- May 14
The heightened risks of fire and explosions associated with the use of lithium-ion batteries are forcing (re)insurers to rethink the way they approach their motor insurance business.
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BYD arm gets regulatory greenlight to offer motor cover in China
- May 7
Shenzhen BYD P&C Insurance, owned by China's biggest EV maker, has been allowed to offer compulsory traffic accident liability insurance in seven provinces and in Shenzhen.
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Rainstorms in China linger as insurers count preliminary losses at US$11m
- April 23
Insurers in Zhaoqing and Shaoguan cities, both in the Guangdong province, have thus far received about 4000 claim notifications, according to local media reports.
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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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WTW | Building resilience against emerging risks in Asian realty sector
WTW’s Ben MacCarthy, head of real estate, hospitality & leisure, Asia, and Jennifer Tiang, cyber leader, Asia, discuss the real estate industry’s sectoral risk landscape and the emerging role of proptech.
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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.
