Australia's High Court ruled that wreck removal claims excluded under Australia's maritime reservations cannot be capped by reclassifying them as property damage.
The payout marks Nepal’s first use of a parametric drought insurance policy, stakeholders said, with funds supporting food aid and farming tools in Bajura district.
As demand for CCS insurance solutions grows across APAC, Willis has introduced a tailored CCS offering, positioned to aid the region's decarbonisation.
