Industry Segments: Claims Page 32 / 46
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- March 22 2021
NSW floods to bring ‘significant’ commercial claims
Market sources tell IAN the loss situation is "dynamic" as Sydney dam overflows.
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- March 19 2021
APRA wants more cyber data from insurers
The regulator agreed an extended timeframe with the ICA to facilitate a "more effective process".
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- March 18 2021
Tower turns corner on Canterbury quake
New Zealand’s Reserve Bank halves the insurer's minimum solvency level to US$18m.
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- March 12 2021
Hannover Re Asia GWP grows 24% to US$2.5bn
German reinsurer says 2020 was a “very good” year for South-East Asia.
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- February 26 2021
Australia’s second BI test case goes federal
Allianz, IAG, Chubb, Guild, and Swiss Re seek clarity on trigger clauses and the impact of government shutdowns.
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- February 25 2021
Gaps remain despite record weather claims: ICNZ head
The industry association's CEO tells IAN that commercial property and agricultural crops still lack protection.
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- February 19 2021
Recent Japan earthquake losses likely to exceed US$100m
Aon report says 7.1-magnitude tremor unlikely to be 'significant' industry event.
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- February 5 2021
Perth bushfire losses surpass US$30m
The Insurance Council of Australia has declared a catastrophe for the affected communities.
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- January 25 2021
Sedgwick announces China leadership changes
John Law and William Huang take on new positions at the global adjuster.
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- January 22 2021
UK BI decision ‘manageable’ despite new precedent: Moody’s
The UK Supreme Court ruling could have implications beyond the current pandemic.
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- January 22 2021
Indonesia quake to see minimal insured losses
In-country loss adjusters tell IAN only a small number of claims have been made so far.
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- January 22 2021
Crawford’s global forensics head to join McLarens
IAN understands six key staff members are joining the rival loss adjuster in Australia.
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- January 21 2021
IAG receives over 5,000 claims after holiday storms
Australian insurer tells IAN additional claims are expected in the coming weeks.
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- January 19 2021
Latest UK BI ruling overturns global precedent
2010 Generali/Orient-Express Hotels decision has been used to reduce insurer payouts.
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- January 12 2021
Malaysia flood losses could rise to US$10m
In-country loss adjuster tells IAN few large commercial claims are expected.
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- January 8 2021
Asia’s 2020 nat cat losses highlight lack of cover: Munich Re
Only US$3bn out of US$67bn total losses were covered.
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- January 7 2021
Typhoon Mangkhut analysis highlights HK’s risk exposure
The Special Administrative Region has been ranked as having the highest natural disaster risk in Asia.
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- January 7 2021
‘Black Summer’ bushfires to cost Aussie market US$1.45bn
Catastrophe data provider Perils provides final P&C loss estimate.
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- December 22 2020
Forensic accountant to leave Crawford for rival in Hong Kong
The Hong Kong-based loss adjuster is set to join McLarens in January amid wider Asia push.
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- December 21 2020
Suncorp confident on reserving after ‘favourable’ BI ruling
Complex ruling comes as Australia's High Court considers another wide-ranging Covid-19 case.
