Losses mount from nat cats in Korea, Pakistan, China and India
September 12 2022 by Andrew Tjaardstra
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Taiwan earthquake preliminary non-residential losses exceed US$263m: Guy Carpenter
- April 16
While not all of these losses are insured, the residential earthquake insurance fund has reported claims of about US$23m from 472 claims, data from the broker showed.
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Taiwan earthquake claims unlikely to exceed 2016 Meinong event’s US$500m: AM Best
- April 11
Carriers will only have to deal with limited commercial and industrial claims such as business interruption as the April 3 quake was quite far from the economic and scientific centres and most of the losses are ceded to the international reinsurance market.
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Australia’s summer insured cat losses top US$1bn: ICA
- April 11
The cost of the Christmas Storms has now exceeded US$730m from 95,000 claims; and the total losses for the season is expected to further rise with last weekend's storm in New South Wales.
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NSW ‘black nor’easter’ storms declared significant event as claims top 11,500: ICA
- April 10
Suncorp, which received 2,700 claims, and IAG, with 3,100 claims, have said that almost 80% of the losses are coming from property damage.
