Industry Segments: Claims Page 37 / 47
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- August 6 2020
New Zealand February flood payouts rise: ICNZ
The claims total is at least US$20m - not including public infrastructure.
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- August 5 2020
IAG has settled 12,400 summer bushfire claims
The Aussie major has been hit hard by nat cat costs and Covid-19.
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- August 5 2020
Japan’s P&C majors seek up to 10% premium hike: report
After several years of severe flooding, premiums will rise for high risk flood areas.
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- July 28 2020
Ethiopian Airlines fire in Shanghai is potential US$190m loss
Last year's crash involving the same airline inflicted US$450m of damage for insurers.
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- July 24 2020
Asia racks up H1 US$31bn nat cat bill: Aon
Cyclone Amphan and China's ongoing floods top loss list but much of the damage isn't insured.
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- July 22 2020
Perils counts rising cost of Australia’s January hailstorms
Claims have increased to US$1.28bn according to the latest data.
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- July 15 2020
Japan flood losses to reach “hundreds of millions”: report
Aon says insurers are expecting at least thousands of claims.
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- July 14 2020
Suncorp reflects on bushfires as NZ earthquake premiums soar
The affordability of insurance has come under scrutiny in Australia and New Zealand.
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- July 13 2020
ICA responds to bushfire enquiry as claims reach US$1.63bn
Rob Whelan, ICA’s chief executive, believes there are too many taxes to help consumers afford cover.
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- July 10 2020
Japan’s majors to hike rates after paying out billions
Several years of major nat cats means price rises for fire insurance next year.
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- July 8 2020
Australian Open unlikely to obtain pandemic cover for 2021
The organisers of the January major haven't been given an option to renew.
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- July 8 2020
Japan’s torrential July rainfall manageable for P&C players
Loss estimates not yet released from the wild recent weather but Moody's isn't too concerned.
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- July 8 2020
Crawford welcomes new Taiwan country manager
The loss adjuster has handed the post to a director.
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- July 7 2020
US$1.3bn market loss at peak of Australia’s bushfires: Perils
The provider has postcode level data for a seven day period of the 2019/2020 summer fires.
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- July 1 2020
MAS consultation highlights market’s green responsibility
Protecting the environment needs to be high on the agenda despite Covid-19.
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- July 1 2020
China’s rural premiums could reach US$141bn by 2025: report
State-led rural revitalisation could present significant opportunities for insurers.
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- June 30 2020
China flood losses soar to nearly US$4bn
The country is bracing for more flooding on the east coast this week.
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- June 30 2020
Wirecard fraud could trigger claims in Asia
The D&O and trade credit markets are bracing for the impact of multiple failures at the giant fintech.
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- June 30 2020
Aon hires senior Swiss Re claims exec in Singapore
The claims leader will boost the broker's specialty team.
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- June 26 2020
Covid-19 one of market’s biggest losses: Guy Carpenter
The reinsurance broker forecasts insured losses to reach US$100bn.
