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Liability tag returned 97 results

  • Market set to harden with premiums possibly doubling

    After several years of declining rates, commercial insurance buyers are seeing prices go up to prices not seen in almost two decades, compounding the issues they may already face due to the coronavirus crisis.

    AIRPlus | 27 May 2020
  • Australia: Insurance pricing continues upward trend - Marsh

    Commercial rates in the Pacific region, where Australia is the biggest market, recorded the strongest increase of 23% in the first quarter of this year, continuing an upward trend that began in 2015, according to the latest quarterly pricing report from Marsh.

    Asia | 14 May 2020
  • India: Panel entrusted to draft standard professional indemnity policy

    The IRDAI has formed a panel to draft a standard professional indemnity policy which would cover insurance intermediaries.

    Asia | 07 May 2020
  • Turkey: Guidelines issued on professional liability cover for real estate valuers

    The Turkish Insurance Association (TSB) has published guidelines on professional liability insurance for real estate appraisers.

    Middle East | 14 Apr 2020
  • Study finds driverless cars reduce drunk driving, but increase binge drinking

    A news report published on https://medicalxpress.com/news/2020-03-driverless-cars-drunk-binge.html says the introduction of driverless cars is likely to bring down drink-driving rates but it could lead to greater levels of binge drinking.

    Asia Risk | 01 Apr 2020
  • Singapore: general insurance sector achieves stable growth, more claims paid out in 2019

    The General Insurance Association of Singapore (GIA) announced that the sector achieved stable growth with 7.6% annual growth in gross written premiums, totalling S$4.10 billion as at 31 December 2019. The sector paid out 12.2%, or S$159 million, more in insurance claims in 2019, which contributed to the sector recording an underwriting loss of S$28 million.

    Agents | 25 Mar 2020
  • Lloyd's collates coronavirus loss data

    Lloyd's of London has asked its member firms to provide estimates of their potential current and final losses from coronavirus. This would help the insurance market understand its possible overall losses from the impact of the pandemic.

    Asia Risk | 18 Mar 2020
  • PARIMA wants risk managers to stress test insurance programmes for COVID-19 triggers

    Pan-Asia Risk & Insurance Management Association (PARIMA) chairman and group deputy director, risk management and insurance at International SOS Franck Baron has called upon risk managers to stress test their insurance programmes to assess how coverage may be triggered for losses caused by coronavirus (Covid-19).

    Asia Risk | 18 Mar 2020
  • ChangAn P&C moves registered HQ to Anhui

    ChangAn P&C Insurance, reinvigorated following a capital injection last year, has moved its registered headquarters from Beijing to Bengbu, a mid-sized city in Anhui Province. This makes the insurer the second insurance company to have its registered headquarters in the province.

    China | 21 Feb 2020
  • China bears US$900bn a year in costs of air pollution from fossil fuels

    Air pollution caused by fossil fuels is costing China $900bn each year, through greater likelihood of respiratory and non-communicable diseases, years of life lost through premature deaths, and when people miss work, according to a new study released by environmental advocacy group Greenpeace and the Centre for Research on Energy and Clean Air.

    China | 21 Feb 2020


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