Willis has appointed Alex Benson as Head of Construction and Natural Resources Claims for Asia, effective from 6 April, the global insurance broker announced in a media release on Monday.
In his new...
Dhipaya, Bangkok Insurance and Intra Insurance underwrote the Contractor All Risks (CAR) cover tied to the 14 January crane collapse which killed at least 32 people.
The facility, backed by over 10 (re)insurers and Lloyd’s syndicates, aims to streamline insurance for large-scale AI projects by combining multiple coverages under one, modular contract.
The insurer is targeting tailored risk solutions for India’s high-growth sectors, including pharmaceuticals, chemicals, technology, and infrastructure.
The fire has killed at least 94 people, with insurance claims estimated at HK$2.6bn (US$334m), and general property and CAR policies described as "severely underinsured".
