Storm front
October 19 2018 by Nick Ferguson
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MGA-led capacity set to enter APAC upstream energy market
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Further capacity from both new underwriting agencies and existing carriers that have set up new ESG vehicles is expected to enter the energy market this year, according to the latest analysis by WTW.
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The new law has lowered concerns of exposure to another event akin to the 2019 protest, still (re)insurers haven't relaxed underwriting considerations.
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Insurers wrestle with rising claims as lithium battery use widens
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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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