02-02-2018 19:37 via insuranceinsider.com

Thai riots political violence claim settled for $110mn

One of the largest claims ever to hit the London political
violence market has been settled for around $110mn, The
Insurance Insider understands.
The Central World mall in Bangkok, Thailand, wasdamaged by fires started by protesters linked to the Thai
political movement, the Red Shirts, in May 2010.
The Central World effectively had double insurance for the peril
of riot, with the mall's all-risk property policy including
provision for strikes, riots and civil commotion.
But the Aon-brokered pro
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