SQ321 experienced severe turbulence, resulting in the death of a retired insurance worker and injuries to 48 others, with Allianz named as the lead insurer.
Rescue efforts are underway in Papua New Guinea's Enga province where a landslide has left over 670 feared dead with rescue operations hindered by ongoing hazards and tribal conflicts.
100GT+ maritime losses drop 70% in last decade, but the speed and extent to which risk profile is changing is "unprecedented in modern times," says Head of Marine Risk Consulting.
ARTE Generali will bring "significant" capacity to Hong Kong, placing Italian insurer in the top quartile for the market, CEO Jean Gazançon tells (Re)in Asia.
