Australia government in u-turn over Queensland’s disaster funding
April 7 2022 by InsuranceAsia News Staff
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ICA declares New South Wales hailstorm as significant event
- May 29
Insurers have received 7,552 claims relating to the hailstorm with about 80% of those damage for motor vehicles as of the first half of May 29.
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GIC Re’s COR improves to 109.3% for FY 2022
- May 29
Overall profit more than tripled despite significant underwriting losses, while GWP declined.
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Tower falls to US$3m first half loss as cat costs bite, COR at 105.3%
- May 26
The Kiwi carrier settles 30% claims for Auckland floods and cyclone Gabrielle with large event losses rising 90% year-on-year to US$20m.
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Japan, Korean insurers brace for claims from ‘US$1bn’ Typhoon Mawar in Guam
- May 26
There are 11 international hotels on the island which have BI cover. Crawford is sending 40 adjusters from Asia.
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Sedgwick: The digital revolution: How technology is transforming claims
Asia’s insurance market needs to embrace digital and data capabilities to improve client satisfaction.
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Allianz Re: Securing India’s energy transition
Innovation and expertise are key to (re)insuring the country’s ambitious transition-to-renewables story.
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AXA XL: Helping ESG move from the periphery to the mainstream
Underwriter Victoria Soo and Senior Risk Analyst Daryl Soh on how credit insurance helps finance infrastructure projects and other ESG investments.
