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Liability tag returned 61 results

  • D&O liability insurance business on verge of take-off

    Among the more than 3,600 listed companies in the current A-share market, fewer than 300 currently acquire D&O liability insurance. In contrast, the insurance coverage rate is over 96% for listed US companies.

    China | 07 Jun 2019
  • Zheshang appoints its 5th chairman in 10 years

    This month, Hangzhou headquartered Zheshang Property & Casualty Insurance marks the 10th anniversary of its establishment and welcomes its fifth chairman for the decade. Ten years on, the insurer is stuck in a quagmire of losses.

    China | 07 Jun 2019
  • Insurance body releases first risk assessment report on dangerous industrial sectors

    The Insurance Association of China (IAC) has released its first report on risks and safety liability insurance in dangerous industrial sectors, focussing on construction, hazardous chemicals and coal mining.

    China | 31 May 2019
  • Insurers reel from high credit insurance losses

    In recent years, with credit tightening in the Chinese economy, rising non-performing loans in banks and the collapse of scores of online loan platforms, insurers are seeing increased claims ratios in their credit insurance operations.

    China | 31 May 2019
  • NZ: Builders' body provides guarantees totalling > US43.3bn for over 13,000 homes

    The New Zealand Certified Builders Association (NZCB)'s own mandatory building guarantee insurance Halo has reached more than NZ$5bn ($3.3bn) of cover.

    Asia | 29 May 2019
  • Complex risks require a lot more attention

    A new report 'What does the new era of liability mean for the regulator' by Russel Group has said that the insurers face threats from a lack of underwriting discipline, more robust market regulation and scrutiny and consequent exposure of management deficiencies.

    Asia Risk | 15 May 2019
  • China: Beijing authorities seek to make inherent defect insurance mandatory

    Several municipal government agencies in Beijing have jointly issued an exposure draft for an interim administrative measure that would make it mandatory for building owners to acquire inherent defect insurance for three categories of residential buildings in the Chinese capital.

    Asia | 18 Apr 2019
  • Surety insurance set to become big under Belt & Road Initiative

    As the Belt & Road Initiative (BRI) investment trend continues, the use of credit and political risk insurance will continue to grow, either where the lender is covering nonpayment of debt or where corporations insure their equity investments, says Aon giving its perspective of market prospects arising from China's massive outreach programme.

    China | 12 Apr 2019
  • Specialty insurer's new appointment reflect growth in Asia

    Berkshire Hathaway Specialty Insurance (BHSI) has begun offering transactional liability insurance through its Asia and Middle East (AME) regions and appointed Mr Steven Harwood as the head of transactional liability in AME. The insurer already provides transactional liability coverage from offices in the US, Canada and the UK.

    Asia | 10 Apr 2019
  • Algeria: Weak demand for public liability insurance products

    With the exception of public liability insurance purchased for public carriers of goods, there are only occasional subscriptions for other forms of public liability insurance, says the president of the Algerian Union of Insurance Brokers (UACA), Mr Boudraa Abdelaziz.

    Middle East | 21 Mar 2019

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