Industry Segments: Claims Page 39 / 47
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- April 30 2020
Reinsurers’ Covid-19 trade credit problem
P&C players are more exposed to global trade than business interruption.
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- April 22 2020
The complexities of risk modelling a pandemic
The market is a long way off from establishing a risk pool in Asia for such an event.
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- April 21 2020
Motor claims in New Zealand drop by 90%
National insurers will save around US$60m and hand back premiums.
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- April 17 2020
Australia’s summer losses won’t be unique: enquiry
The Royal Commission investigation into the summer's costly bushfires has begun.
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- April 15 2020
Covid-19: What are the risks at empty factories?
Senior players from Mayer Brown, Sedgwick, Swiss Re CorSo and Willis Towers Watson give their verdict.
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- April 14 2020
Markel picks ex-QBE exec Bo Yu as head of claims Asia
He will oversee claims across Hong Kong, India, Labuan and Singapore.
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- April 1 2020
Australia’s market grapples with extreme weather claims, Covid-19
A February storm has cost the market over US$480m.
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- March 30 2020
Asia’s huge aviation risk from Covid-19
The pandemic means unprecedented challenges with many losses unlikely to be recovered.
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- March 26 2020
Hannover Re’s Eberhardt on Australia’s long, hot summer
Unprecedented claims from recent bushfires is showing the value of reinsurance.
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- March 20 2020
Australia’s summer loss bill surpasses US$2bn
Recent flooding has compounded bushfires and hailstorms with Covid-19 to add more claims.
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- March 19 2020
New Zealand’s SkyCity secures US$50m fire payout
Money expected to arrive over April with Chubb understood to be the lead insurer.
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- March 17 2020
Sedgwick’s James Ong on claims handling in Asia
The global loss adjuster is seeing a spike in regional demand.
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- March 13 2020
Covid-19 declared catastrophe in Australia
The Insurance Council of Australia has launched a special taskforce to deal with virus-related claims.
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- March 11 2020
How digital is shaping Asia’s P&C claims
Tech such as AI is transforming personal lines which could translate to commercial.
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- March 11 2020
Strong weather pattern contributed to Australia’s bushfires
Indian Ocean Dipole partly to blame for extent of the disaster which has caused huge losses.
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- March 9 2020
Australia’s summer losses climb to US$3.3bn, says APRA
The number of extreme weather events for the market is likely to increase in future.
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- March 4 2020
Australia’s January hailstorm losses jump 26% to US$528m
There have been 87,500 claims filed of which 60,000 related to motor vehicle damage.
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- March 3 2020
Timaru hailstorm was NZ’s third costliest nat cat in 100 years
The November storm will cost insurers over US$50m in a nat cat heavy Q4.
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- February 26 2020
Australia braces for claims from 2020’s fourth cyclone
The storm comes as several insurers are close to breaching their nat cat limits for the financial year.
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- February 25 2020
Australia launches royal commission into bushfires
The move by the government follows an unprecedented summer.
