Posted on 06.25.20

Lotte Chemical downstream loss triples to around $600mn

Source: Insurance Insider, June 25, 2020
By: Anna Sagar

The loss from a March explosion at a South Korean petrochemical plant has expanded from about $200mn to around $600mn after BI claims inflated the original tally, Insurance Insider understands.  

Marsh is the broker of Lotte Chemical’s downstream energy property policy, with the loss expected to hit carriers based in London and continental Europe.  Read more.

Previous

Find a Broker or Underwriter

Search by product, location or name
Report a Claim

RT Specialty employs a team of talented and motivated claims professionals to assist clients on all claims issues. All claims should be submitted to the RT office where the policy originated.

Get Started
https://www.insurancebusinessmag.com/us/best-insurance/best-wholesale-brokers-usa--5star-wholesale-brokers-and-mgas-478736.aspxhttps://www.newsweek.com/rankings/most-loved-workplaces-america-2023https://www.insurancebusinessmag.com/us/best-insurance/best-insurance-companies-to-work-for-in-the-us--top-insurance-employers-2023-453773.aspx

Please Update Your Browser

Unfortunately Microsoft is no longer providing support or security fixes for your web browser. RT Specialty values the safety and security of its clients’ data, and as such this site requires the use of a modern web browser. To update your web browser, please see the links below. If you have any questions or would like additional information, please email info@rtspecialty.com or call (312) 784-6001.

Firefox Firefox Chrome Chrome IE Internet Explorer Edge Microsoft Edge