Tianjin China Explosions: Aon Deploys Global Claims Teams to Assist in Recovery

On Wednesday, August 12, 2015 a series of explosions rocked a container storage station at the Port of Tianjin, China, located in the Binhai New Area. According to initial reports, casualties numbered in the hundreds, including more than one hundred fatalities. Over the weekend of August 15-16, additional explosions occurred, affecting recovery activities. Our thoughts and prayers are with the many families who suffered great losses as a result of these unprecedented and catastrophic events.

The Emergency Response Team of Aon-COFCO, China's first licensed international insurance and reinsurance company, together with Aon's global Claim Preparation, Advocacy and Valuation (CPAV) team, are deployed in a coordinated effort to serve the needs of domestic and multinational clients impacted by the events. The team can assist clients in the following ways:

• On-site inspection and mitigation services
• Property and business interruption claims assessment and preparation
• Environmental, cargo, and marine claims advocacy
• Liability claims consulting

Account specialists from Aon-COFCO in China are in the process of contacting all local clients, as well as local Chinese operations of our multinational offshore parent clients. In addition, Aon-COFCO are contacting Account Executives at Aon Coordinating Offices level to ensure a centralized, consolidated approach to assisting our global clients and coordinate on multinational program coverage and claims issues.

Aon is dedicated to supporting clients who were impacted by these events. This Aon Situation Room site contains practical information and guidance for those impacted, or who seek additional information on the catastrophe. The site also includes contact information for key Aon contacts. We will update this site as new information and resources become available or are developed.

Tianjin Response Resources
The Tianjin Port Explosion: An Aon Briefing Paper
Aon Global Risk Alert
Aon Global Risk Alert (Mandarin)
AGRC Risk Control Bulletin (Mandarin)
Tianjin Port Explosion (Courtesy of Holman Fenwick Willan LLP.)
U.S. Private Sector Response to Tianjin, China Explosions (Courtesy of U.S. Dept. of State, Overseas Security Advisory Council)

Response Services
Aon Risk Accounting - Asia
Disaster Response & Recovery
Complex Claim Preparation
Property Claim Advocacy
Rapid Response for Cat Events
Supply Chain Management

Environmental Concerns and Response
Contractor's Pollution Liability
Environmental Impairment Liability Site Coverage
Organic Chemicals: Environmental Concerns and Response

Disclaimer: This site has been provided as an informational resource for Aon clients and business partners regarding the explosions in Tianjin, China. It is intended to provide general guidance on potential exposures, impacts and interruptions, and is not intended to provide specific insurance information or risk guidance. Due to the dynamic nature of the incident and the limited information made publically available, Aon cannot be held liable for the facts or statements made herein. We strongly encourage visitors to seek advice from their legal, business and insurance advisors as to how the events and circumstances unfolding in Tianjin may impact their individual business operations. Readers are reminded that whether insurance coverage applies or a policy will respond to any risk or circumstance is subject to the specific terms and conditions of the insurance policies and contracts at issue and underwriter determinations.