Construction All Risks (CAR) and Erection All Risks (EAR) policies provide important protection for inherently hazardous construction work. Although CAR and EAR insurance policies are often considered to be interchangeable, there are significant distinctions between them. In this article, we will discuss the particulars of the CAR and EAR insurance coverages and [...]
Our CEO and Founder Augustin Redier has been interviewed by Raphel Seghier for Sesame Asie Podcast. Through his 11 years of experience between Shanghai and Hong Kong, they are talking about Chinese Market Insurance Evolution. Most importantly, they are talking about how Red Asia Insurance is helping SMEs and Entrepreneurs to better [...]
In Hong Kong, it is very common to have a domestic helper that helps your household with the daily chores. From cleaning to take care of the kids, the domestic helpers are multi-tasking and can be subject to injury during their course of work. What insurance can protect the domestic [...]
In Hong Kong, only one insurance is strictly mandatory for every employer, whether corporation or individual. It is called Employee Compensation and it is regulated by the Employee Compensation Ordinance written in the Laws of Hong Kong and enacted by the Labour Department. Failing to comply with this legal code can result [...]
IA (Insurance Authority of Hong Kong) disclosed on 31/08/2020 its statistics of Hong Kong insurance market for the first half of 2020 with a total of Gross premium growing of almost 6% comparing to the same period of 2019. General Insurance seeing its growth drive mainly by: Direct Business With the gross [...]
Professional Indemnity Insurance, also known as Professional Liability Insurance or Errors and Omissions Insurance (E&O), is a broad method of insurance protection established to safeguard your livelihood. The business environment in Hong Kong, China, and Southeast Asia is dynamic and rapidly expanding and evolving. And operating in today’s economic environment demands the [...]
Business Interruption Insurance has become increasingly important for business owners this year. Forced to navigate so much uncertainty, the people behind commercial operations have faced their fair share of adversity. There has been an unprecedented amount of disruptions. Those have had ripple effects impacting businesses, both big and small. Professionals need to [...]
Marine Freight Insurance is protection along the transport chain. Marine Cargo Insurance, or Ad Valorem Insurance, can cover your goods from the factory to the final delivery. Whatever the mode of transportation used: sea, air, land, river. Your Marine Cargo Insurance Brokers deliver a unique certificate of insurance for all transport. Marine Freight Insurance protects against [...]
What should you do when I have a Cargo Claim following a transport accident? At receipt of the shipment At the delivery, the consignee who notices evidence of a transport accident must make detailed remarks on the packing list to keep the insurance company future opportunities of recovery. Confirm those remarks to the carrier: [...]
Kazakhstan, Belarus, Poland, Germany and France. Those countries have recently been traversed by a Chinese train called Yuxinou. Connecting China to Spain, the convoy aims to install a commercial transport railway line as a new alternative to maritime cargo. Yuxinou just travelled 10,000 kilometres in 21 days. This cargo train left Yiwu, close to Shanghai and crossed [...]
