Industry Segments: Claims Page 23 / 43
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- February 8 2022
Suncorp’s profit dips as H1 nat cat claims soar
Insurance arm in Australia saw profits fall by more than half to US$81.3m.
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- February 8 2022
CBIRC regulates quarantine cover: report
The watchdog has issued an emergency notice for quarantine insurance after claims were rejected.
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- February 7 2022
Q&A: McLarens’ Michael Campbell-Pitt
The Asia regional director on the impact of recent large cat events, Covid disruption and claims' digitalisation.
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- January 27 2022
Thai Group seeks to close Covid-hit Southeast Insurance
With the emergence of Omicron, the insurer sees no respite from a mountain of Covid claims.
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- January 26 2022
Wotton + Kearney bolsters disputes team with DLA Piper hires
Experienced partners Peter Leman, Caroline Laband and Misha Henaghan start in February.
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- January 24 2022
World Bank hands US$8m cat payout to Tonga
A one-in-one-thousand year event has triggered an emergency resilience option.
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- January 20 2022
Asia Covid policies add pressure to cargo market
As China ramps up measures, cargo stacked at ports and quarantined crew are causing cover and claims' issues.
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- January 19 2022
Suncorp New Zealand appoints new head of claims
Jane Brewer has been at the insurer for over a decade and will take on her new role in July.
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- January 19 2022
Malaysia’s insurers continue to count costs of December floods
Crawford has dealt with over 1,500 claims and has been using virtual surveys during the pandemic.
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- January 18 2022
Integra signs partnership with major South Korean adjuster
Seoul-headquartered International Adjusters & Surveyors (Iasco) has over 600 staff.
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- January 18 2022
Powerful Queensland hailstorm triggers commercial claims
The storm damaged a council building, an aquatic center and an art gallery in Toowomba.
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- January 14 2022
Climate crisis dominates Asia’s risk outlook
Nat cats caused US$50bn of losses in APAC in 2021, as WEF says top five risks are linked to climate change.
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- January 13 2022
India pressed for pandemic risk pool
The regulator has been working on the project with a private and public partnership the most likely outcome.
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- January 13 2022
Typhoon Rai triggers thousands of claims for Philippines’ adjusters
Major damage to a hospital, a grain silo firm and beach resorts will lead to millions of dollars in payouts.
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- January 11 2022
China was second-largest insurance market again in 2021: CBIRC
The total claims payout was US$224bn in the first 11 months of the year, the regulator said.
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- January 7 2022
IAG renews reinsurance cat cover at US$7.2bn
The 2022 program structure is similar to prior years with the price increasing by "mid single digits".
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- December 22 2021
NZ extreme weather claims hit record high
Insurers have paid out US$206m in 2021 so far with home and contents accounting for around two-thirds of the total.
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- December 21 2021
Philippine regulator urges insurers to fast-track Typhoon Rai claims
Insurance Commission head Dennis Funa says there has been widespread damage from landslides and flooding.
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- December 16 2021
Japan summer rainfall claims surpass US$400m: GIAJ
A previous estimate in September was around US$300m lower than the latest figure.
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- December 14 2021
Swiss Re’s Victor Kuk on partnerships, claims and automation
The head of P&C reinsurance for South-East Asia, India, Hong Kong, Taiwan and South Korea, looks ahead to 2022.
