The breach exposed personal data from 33.7 million accounts, leaving Coupang facing potential compensation claims of trillions of KRW, far exceeding the insurance policy’s limit.
China Taiping finds itself on both sides of the claims ledger following Hong Kong's deadly Tai Po fire, with its reinsurance subsidiary among three confirmed reinsurers backing the group's primary insurance...
Taiping Hong Kong pledges swift claims handling and full support for those affected by the fire that has killed at least 94 people at the scaffold-wrapped estate.
November events added up to A$510m (US$332m) in estimated losses, with nat cat events depleting two-thirds of insurer's natural hazard allowance less than five months into the year.
