Fire and liability losses drive APAC claims burden

July 27 2022 by Nick Ferguson

Property and liability claims were becoming more severe across the region even before the latest round of inflation which is set to add to costs.

Rising property values, urban population growth and...

Get full access

To view the full article and get unlimited access to InsuranceAsia News's exclusive insight across 5,000+ articles

Subscribe Now

Take a Free Trial

Already a Subscriber? Please Login

MORE FROM: Analytics

Asia nat cats at lowest level in a decade
- June 15
Damages in 2022 are just US$4.5bn, with losses from storms at their lowest in 20 years.
Asia’s top P&C insurers grew non-life books by 3.7% in 2021 despite Covid headwinds
- April 25
Top 10 players booked US$279bn in 2021, according to IAN analysis.
Singapore posts 8% P&C premium growth in 2021
- March 24
Onshore premiums reached US$2.4bn as the market showed a strong recovery.
Claims dent profits at HK insurers
- March 16
Axa retained its crown as the city’s biggest general insurer, but the market saw profits fall 19%.

Partner Content

Sedgwick: The impact of the pandemic on handling of MCL insurance claims

A longer claims process and increased cost were some of the challenges faced by insurers.
Guy Carpenter: 2022 Western North Pacific Basin Tropical Cyclone Predictions

Tropical cyclones have always been a significant peril in Asia and a major focus for risk assessment in the region.

Join the mailing list Receive our regular newsletter, a round-up of the latest news and insights direct to your inbox, and designed to help you stay ahead.

Partner Video