Industry Segments: Claims Page 28 / 45
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- September 1 2021
South-East Asia’s reinsurers face underwriting challenge
Certain claims are down but pricing remains insufficient to improve profitability.
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- September 1 2021
Lloyd’s Asia eyes ESG, tech improvements: webinar
New underwriting guidelines on coal and oil sands come alongside an increased focus on digital claims.
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- August 26 2021
Asia energy rates feel the heat from oil prices, ESG and Covid
Lloyd's players highlight a moderate to stable market that has seen some double-digit increases.
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- August 24 2021
Asia claims process needs better information sharing: Lloyd’s webinar
Newline and Beazley executives highlight areas for improvement.
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- August 24 2021
Korea P&I Club’s balance sheet improves but risks remain
Rating agency report says the association bounced back to profitability in 2020 after some "unprecedented" claims in 2019.
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- August 24 2021
Australia’s hard market eases as risk appetite returns
D&O and property increases soften but cyber rates have jumped by up to 80%.
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- August 19 2021
Asia’s marine (re)insurers face ESG challenge
Retrofitting vessels to meet more stringent fuel standards creates new risk management challenges.
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- August 12 2021
China’s record floods dominate July’s Asia claims
Aon reports says US$1.7bn of insured losses is highest nat cat payout for the Chinese insurance industry on record.
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- August 11 2021
New Zealand’s ‘costliest’ tornado leaves a NZ$32m bill
The Insurance Council of New Zealand says NZ$24m of the claims were related to residential property.
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- August 6 2021
Henan flood claims surpass US$1.74bn
The local CBIRC office says insurers have received over 500,000 claims so far.
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- August 4 2021
RGA sees APAC Q2 loss as Covid claims bite in India
The US-based reinsurer, however, described its experience in the region beyond the pandemic as "favourable".
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- August 2 2021
Malaysia P&C outlook stable despite Covid headwinds: AM Best
The rating agency expects health insurance to be an important driver of growth.
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- August 2 2021
Australia’s class-action exposure pushes insurers’ reserves higher
Professional indemnity and public liability lines could see adverse long-tail losses.
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- July 30 2021
China’s insurers to manage Henan flood losses: AM Best
Rating agency cites portfolio diversification and state reinsurance protection as mitigating factors.
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- July 30 2021
Liberty Specialty Markets makes two APAC leadership changes
Vanessa Maher takes on Australia chief risk role as Rob Mercer becomes regional claims head.
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- July 28 2021
Asia’s A&H market faces distribution and pricing challenge
TMK underwriter Dylan Lim tells Lloyd's event every country has a different risk profile.
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- July 28 2021
ZYIC maintains credit rating despite Henan flooding
AM Best cautions that the full extent of claims in the province is still unknown.
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- July 26 2021
Henan’s heavy flooding triggers over US$800m of claims
Typhoon In-Fa expected to bring even more problems in the coming days.
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- July 26 2021
Asia H1 2021 nat cat losses 28% higher than 10-year average
Insured losses in Asia Pacific totalled US$5bn during January to June, up from US$3.9bn average.
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- July 22 2021
Canterbury flood claims surpass US$30m
The May 29-June 1 flooding has been described as a ‘one in 200-year event’ by a climate scientist.
