Australian insurers urged to limit use of external experts to improve claims assessments
August 28 2024 by Georgina Lee
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Korea’s FSC urges insurers to speed up claims payment
- August 29
Head of the FSC Kim Byoung-hwan also called on insurers to digitalise their insurance claim services by October.
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Complex claims in Asia set to dictate future adjusting demand: Crawford’s Reichelt
- August 26
The growing scale and complexity of losses in Asia mean that the global loss adjuster is ready to respond to the demand for assessing high-value, technical claims as it continues to build out technical expertise in Singapore and tailor claims processing for clients in Japan.
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Analytics: Australian underwriters incur 23% lower public liability claims in 2023
- August 23
Lloyd's public liability claims doubled and PI claims went up 13 times in the country in the last year while other insurers' PI claims were 9% higher year-on-year across all states, according to the 2023 claims data released by the Australian Prudential Regulation Authority.
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Insured losses in 2023-24 flat at US$1.5bn, but number of claims lodged jumped 73%: ICA
- August 19
The costliest event was the Christmas and New Year storms that hit Queensland, New South Wales and Victoria in December 2023 which caused US$900m in insured losses and nearly 100,000 claims.
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Peak Re | Emerging Asia middle class: A catalyst for change
Rising demand for elderly care and women driving consumption growth mandate carriers to develop precise solutions to meet customer expectations.
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Rimkus, CCi, and Hargreaves Jones set for continued global growth under one brand
A series of successful acquisitions has extended Rimkus’ services and expanded its global footprint.
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Aviva Investors | Liquidity optimisation for insurers: Building a bespoke portfolio solution
In this in-depth case study, we look at how bespoke liquidity portfolios that take into account the interplay between different assets can suit the needs of insurers.
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Guy Carpenter | Private equity’s reshaping of the Asian life sector has further to run
PE-backed reinsurers provide access to asset classes and investment expertise that often don’t exist within the traditional carriers themselves.
