Subject: Claims Page 1 / 49
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- April 30 2025
New Zealand insurers’ GWP grows 8.6% to US$6.4bn, COR improves to 78.6%: ICNZ
Following the impact of the Auckland Anniversary Weekend floods and Cyclone Gabrielle in 2023, premiums stabilised in 2024 as global reinsurance rates and inflation eased, the Insurance Council of New Zealand said.
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- April 29 2025
Hurricanes, quakes could drive peak year insured losses to US$300bn: Swiss Re Institute
Global insured natural catastrophe losses may reach US$145bn in 2025, mainly driven by secondary perils like severe thunderstorms, floods and wildfires, according to Sigma report.
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- April 28 2025
Japan’s insurers settled US$2bn nat cat claims in FY24: GIAJ
Noto Peninsula earthquake was the largest event in terms of claims for the fiscal year that ended March 31, 2025, according to the General Insurance Association of Japan (GIAJ).
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- April 23 2025
Myanmar earthquake world’s third costliest economic loss event in Q1: Gallagher Re
California fires' US$40bn losses expected to be an earnings event for carriers and is unlikely to affects global renewal cycles.
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- April 23 2025
Cyclone Alfred insured losses touch US$1.64bn, Perils says, higher than ARPC
In March, Australian Reinsurance Pool Corporation (ARPC) estimated total losses covered by the Cyclone Reinsurance Pool were approximately AU$1.7 billion.
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- April 22 2025
Tower raises profit forecast despite Easter weekend storm, earthquake claims
Insurer says it has recieved over 250 claims from the storms that impacted New Zealand over Easter weekend.
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- April 21 2025
IAG receives over 11,000 claims from Cyclone Alfred
Cyclone Alfred made landfall along Australia’s east coast at the start of March, impacting southeast Queensland and northern New South Wales.
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- April 15 2025
Emerging ‘silent AI’ risk on underwriters’ minds, poised to trigger finpro liability claims
As businesses increasingly integrate AI technologies, insurers face the challenge of unintentional coverage gaps, reminiscent of ‘silent cyber’.
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- April 9 2025
New Zealand tornado short lived, few claims expected
Tornado hit the town of Levin on the country's North Island at around 7:45am on Tuesday.
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- April 8 2025
Cyclone Alfred becomes RACQ’s largest claim event, expects to cost US$120-133m
RACQ has received close to 18,000 claims following the event last month and has paid out US$7.5m.
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- April 6 2025
Sedgwick appoints Ryan Brennan as head of digital first
Sydney-based Brennan will lead the design and delivery of the loss adjuster's next-generation digital-first claims platform.
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- April 2 2025
Cyclone Alfred, north Queensland flood losses top US$751m
Insurers have received more than 105,000 claims following the two events at the start of 2025, according to the Insurance Council of Australia.
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- April 1 2025
Worst flooding in 50 years hits Australia’s western Queensland, over 100,000 livestock lost
State emergency services minister Dan Purdie says the area covered by water is 'double the size of Victoria'.
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- April 1 2025
South Korea wildfire claims to ‘pour in’, Japan to see minimum insured losses
Some 48,000 hectares were burned in South Korea, with just over 1,000 hectares impacted in two Japanese prefectures.
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- March 27 2025
‘Damages snowballing’ as Korea’s worst-ever wildfire rages on
The fire in the country's southeastern Gyeongsang province has burned through more than 36,000 hectares as death toll rose to 27, destroyed hundreds of structures and affected multiple cities and towns.
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- March 25 2025
Cyclone Alfred losses estimated at US$1b: ARPC
Total cyclone pool coverage period for ex-Tropical Cyclone Alfred was close to 10 days at 237.5 hours, according to the Australian Reinsurance Pool Corporation (ARPC).
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- March 20 2025
Marsh names Brandon Lam as vice president for claims advocacy in Hong Kong
Prior to joining the broker, he worked at Zurich and QBE, holding several claims positions across different lines.
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- March 20 2025
Cyclone Alfred claims top 74,000, insurer extends pet coverage
Queensland remains the most affected area, with about 69,000 claims following the event earlier this month.
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- March 18 2025
Howden Specialty continues APAC energy buildout with Sedgwick veteran hire
Singapore-based David Chin joins the broker as head of energy claims for its natural resources team.
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- March 18 2025
Cyclone Alfred insured losses to reach US$1.6bn, flood modeller predicts
JBA says 'previous concerns about a high number of severe wind damage claims were not realised' following the event earlier this month.
