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Product recall - Cheap - but at a price?

Cheap exports from emerging economies appear an attractive proposition for all, but what are the dangers of low-cost country sourcing? Mark Hutton looks at the hidden price tag from a (re)insurance point of view

The Chinese economic success story is rarely out of the news, but new figures recently published by the European Commission (EC) have highlighted the dangers of sourcing products from emerging markets

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Storm damage claims test insurers’ settlement choices

A year of severe storms has strained repair networks and claims operations, which Ben Blain, head of property at Verisk Claims, points out has placed insurers’ settlement decisions, data oversight and ability to evidence fair customer outcomes firmly under the regulatory spotlight.

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