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.