Industry Segments: Claims Page 26 / 47
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- March 10 2022
IAG ups FY nat cat estimate to US$800m
The group has received 24,000 recent flood claims and says that it has 'all hands on deck'.
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- March 9 2022
Flood claims estimate tops US$1bn: ICA
The ICA is working with authorities to expedite visas for recovery personnel deployed overseas.
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- March 7 2022
Insurers continue to count cost of Australia’s floods
Filed claims now at more than 86,700, according to March 7 data from the ICA.
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- March 4 2022
Flood claims in Queensland, NSW above US$650m: ICA
Over 60,000 claims have already been filed as the emergency continues.
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- March 3 2022
Reinsurers on alert as Australia flood claims projected to top US$1.45bn
The Queensland and NSW floods could become one of the costliest nat cats in the country's history.
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- March 3 2022
Philippine Covid claims reach US$324.5m: report
Covid payouts more than tripled in 2021 than in 2020.
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- March 2 2022
Claims top 30,000 as Australia floods worsen
NSW premier described the extreme weather as a 'one-in-a-1,000' year event.
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- March 1 2022
Australian market counts cost of ‘unprecedented’ flooding
Parts of Queensland and NSW impacted, with Suncorp reporting US$54m of claims already.
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- February 22 2022
Australia court verdict brings clarity to BI claims saga
The ICA said it had been a "long but necessary process" that will provide guidance on how policy wordings are to be interpreted.
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- February 21 2022
Latest Australia Covid-19 BI court decision favours insurers
Justice Mark Moshinsky has largely upheld the original second test case decision in October.
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- February 21 2022
Tune Protect: Asean on the ‘cusp’ of a digital revolution
With less than 2% digital penetration in Asean, motor and healthcare are ripe for disruption.
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- February 18 2022
QBE’s profit surges despite 23% nat cat claims rise
Group profit increased to US$750m in FY2021, following significant losses in 2020.
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- February 16 2022
Sri Lankan P&C claims spike 22%
Claims rebounded from a Covid slump in 2020 pushing underwriting profits down.
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- February 14 2022
Charles Taylor gains Indian foothold with Skaad partnership
The London-headquartered adjuster has been expanding its APAC presence to keep up with rivals.
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- February 11 2022
IAG profit boost despite cat miss
Aussie giant's premiums grew to US$4.58bn in H1 2022 as intermediated division saw 9% price increases.
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- February 9 2022
Tokio Marine makes strategic investment in cat specialist ICEYE
The two firms will collaborate on claims and nat cat products.
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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.
