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Liability tag returned 155 results

  • South Korea: Insurance plan designed to cover service robots

    Lotte Insurance, the insurance wing of South Korea's conglomerate Lotte Group, is working with a service robot company to release an indemnity liability insurance plan for store owners who operate delivery or service robots.

    Asia | 11 May 2022
  • Cyber risks biggest threat to directors

    Cyber risks dominate the top five risks facing directors and officers according to the latest annual survey by WTW and Clyde & Co.

    Asia Risk | 27 Apr 2022
  • China: Over US$20m paid to date for 21 Jan plane crash

    Various insurance companies in China have paid at least CNY130m ($20.5m) as of 29 March to China Eastern Airlines and the beneficiaries of those who died in the plane crash that took place on 21 March.

    Asia | 01 Apr 2022
  • Insurance claims from China Eastern Airline crash could exceed US$157m

    Insurance claims related to the China Eastern Airlines Boeing 737-800 passenger jet that crashed in a remote mountainous part of southern China on 21 March could exceed CNY1bn ($157m), according to insurance industry sources.

    China | 25 Mar 2022
  • China: Plane crashes with 132 on board

    A Boeing 737-800 plane carrying 123 passengers and nine crew members crashed in a remote mountainous area in southern China yesterday.

    Asia | 22 Mar 2022
  • Bangladesh: Experts identify market segments with potential for insurers

    Two insurance industry experts have identified several market segments that are currently under-served by insurers in Bangladesh.

    Asia | 25 Jan 2022
  • Bahrain: Time needed to study proposed law for medical error liability insurance

    The Services Committee of the Shura Council of Bahrain has for now deferred a proposal for a law governing the adoption of a civil liability insurance system for professional errors committed by practitioners of medicine, dentistry and allied health professions.

    Middle East | 18 Jan 2022
  • Asia: COVID, real estate, supply chains & inflation are expected bumps for insurers in 2022

    Continuing COVID-19 restrictions in most Asian jurisdictions, potential challenges in the property market (whether related to Evergrande or otherwise) in combination with global supply chain issues, rising energy prices, increasing inflation and the withdrawal of temporary pandemic relief measures suggest that 2022 will be a bumpy ride for the Asian insurance market, even without further resurgent COVID-19 outbreaks.

    Asia | 17 Jan 2022
  • Australia: COVID-related liability issues remain for insurers

    Many pandemic-related issues are yet to play out for insurers, including construction liability waivers, mandatory vaccinations, mental health exposures and property access issues, according to the "GL Trends Update: Towards 2022" report published by the law firm Wotton + Kearney that specialises in providing legal services to the insurance industry.

    Asia | 14 Jan 2022
  • Senior leaders' personal liability at risk

    Almost half (42%) of senior business leaders participating in a new study by QBE Insurance have said they are worried they could be found personally liable for their business failing to deliver on environmental initiatives or by reporting climate related exposures.

    Asia Risk | 22 Dec 2021

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