Ping An set for reinsurance recoveries on $340mn Kimpton fire: reports
Chinese insurer Ping An P&C has confirmed its reinsurance cover has cut its liability from the Kimpton Hotel fire to a maximum of 23 percent of the $340mn in insured damages.
Chinese insurer Ping An P&C has confirmed its reinsurance cover has cut its liability from the Kimpton Hotel fire to a maximum of 23 percent of the $340mn in insured damages.