Employer’s Legal Liability Beyond Work Injury Compensation
Employer’s liability refers to the legal responsibility that the employees made to their employer in the employees’ bodily injury claims due to the employer’s intentional act, negligence or liability without fault.
Although most people’s first reaction could be work injury compensation, in fact, the employer’s legal liability includes many other aspects not limited to that.
Protecting businesses against a rising cyber threat
A rapidly changing cyber risk landscape requires companies to reassess defence levels regularly to minimise potential damage to their balance sheets and reputations. While cyber insurance underwriters have become very selective in their approaches, this process is having a positive effect in helping companies to identify and address their weaknesses.
Travelling Aboard – From A Risk Management Perspective
With China’s increasing foreign trade and cultural exchange with the world, Chinese people travelling for business and leisure purposes becoming more and more frequent. When travelling abroad, the problems faced by the people can be related to language, local customs and habits, region and culture, safety, transport, medical needs and many situations differ from those in China. From a risk management perspective, these differences imply risks. Some of them could be relatively riskier than others which need better preparations and serious precautions.
2024 Lockton’s Insurance Seminar in Shanghai
On November 21, Lockton China hosted an insurance seminar in Shanghai where insurance experts and clients could meet face to face in a forum for trending topics and market updates. Co-sponsored by Huatai Insurance Group, Lockton’s tea-gathering style seminar has chosen the elegant Sinan Mansions in Huangpu as the venue. The speakers shared with guests the current and future economic outlook while analyzing the geopolitical aspects outside of the country which could affect the business environment and insurance markets. This can help clients to grasp the risk and factors they are facing and to prepare for these changes and seek […]
Lockton Reinsurance team in the 2024 Shanghai International Reinsurance Conference
Held in Lingang on 22-25 October, the Shanghai International Reinsurance Conference has attracted over 1,300 participants of more than 360 organizations from 23 countries around the world. The theme for the event is “Embracing Openness for Mutual Benefits with Global Cooperation”. It marked the official launch of the Shanghai International Reinsurance Exchange. In conjunction with the launch, the conference was designed for industry experts to discuss both cross-border and domestic reinsurance services, digitization and information management in their respective areas. Lockton China’s Reinsurance team joined the event and met with insurers, industry experts and representatives from financial institutions face to […]
Testing – illegal 非法“代理退保”要当心 理性维权要牢记
Test – this is on Elementor.
How to mitigate growing Maritime Cyber Risks
The global maritime industry is embracing the fast-evolving digital age, from GPS, ECDIS, AIS, ENC, ERS and e-B/L to full smart shipping. Soon, we will see fully remote and autonomously controlled smart ships navigating the oceans. As the world becomes increasingly more digital, the associated risks involved are growing exponentially, which at the same time also means higher expectations of the insurance industry. The main cyber risk trends we have seen in recent years include an increase in both frequency and severity of ransomware attacks, more sophisticated business emails making compromising attacks in the ‘deep fake’ era, targeted ‘zero day’ […]
From burnout to balance: mastering stress in the modern workplace
Stella Sung, Senior Vice President of Head of People Solutions, North Asia, Lockton Companies (Hong Kong) Ltd. In the contemporary work landscape, stress has emerged as a pervasive challenge impacting employees across all levels. The relentless demands of meeting deadlines, managing escalating workloads, and striving for work-life balance often culminate in burnout. However, as HR and benefits professionals, we play a vital role in supporting employees in navigating stress and burnout. By implementing effective strategies and fostering a supportive culture, we can empower employees to transform burnout into balance and master stress in the modern workplace. Understanding Workplace Stress Workplace […]
Insurance for Escape Room Industry
In recent years, immersive entertainment is booming in China. The escape room industry, being a new form of recreation, breaks into the market quickly and the whole industry is bound to scale up. We understand that owners and operators are still facing safety risk and possible claims. How can they ensure safety and reduce loss as much as possible? Lockton has created a specialist team to provide insurance services for the Escape Room Industry. We strive to support clients in managing their insurance needs, driving operating efficiency and solving their problems by providing professional services. Through our global expert network […]
Global insurance capacity facilitates China’s renewable energy boom
As the world aims to reduce CO2 emissions and reach climate goals, China is forecast to add the bulk of the global renewable energy capacity to be created by 2026 in the power sector. To be completed, the projects will require significant insurance capacity from international markets. Global renewable power capacity is expected to increase by more than 60% between 2020 and 2026, adding the equivalent of the current total global power capacity from fossil fuels and nuclear combined, according to the International Energy Agency (IEA). Solar photovoltaic (PV) alone is set to provide more than half of this capacity creation. […]
