Asia events market tries to shrug off pandemic hits
Azure Risk’s Managing Director Anmol Sawlani shares his perspective. Anmol Sawlani, director at broker Azure Risk, said: “Coverage for communicable diseases, including the cancellation related, will continue to be excluded. Underwriters have expressed that there is no foreseeable timeline as to when they can start covering this again.” Any commercial contracts and agreements should be […]
Ukraine invasion heightens marine risk in Asia
Azure Risk’s Managing Director Anmol Sawlani shares his perspective. “The sanctions impact is an issue. That said, most insurers had already excluded Russia, meaning arranging cover via most international markets for cargo involving Russian entities will be near impossible.” As reported by InsuranceAsia News, the situation in Ukraine and Russia has taken much of the […]
Asia Covid policies add pressure to cargo market
Azure Risk’s Managing Director Anmol Sawlani shares his perspective. The over-riding issue regarding Covid-19 and cargo insurance has been the accumulated values at ports, said Anmol Sawlani, a Hong Kong-based director at broker Azure Risk. These are higher than normal due to shipment delays, he added. These accumulations can breach policy limits when extensions have […]
