Subject: Claims Page 1 / 51
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- July 23 2025
Deadly Ha Long Bay boat capsize insurance payouts to top US$500,000: reports
At least 37 people died after the Wonder Seas capsized during bad weather in Vietnam on Saturday.
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- July 22 2025
South Korea flood motor claims rise to US$22m: report
At least 17 people died in floods and landslides caused by the torrential rain, which started last week and intensified over the weekend.
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- July 21 2025
Vietnamese (re)insurers brace for Typhoon Wipha, Hong Kong facing US$255m bill
Heavy rainfall and strong winds are expected across northern Vietnam, posing risks of flooding and damage, particularly in coastal areas.
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- July 18 2025
South Korea hit by torrential rain with 4 dead, 500 properties damaged
Over 400mm of rain fell over three days, with most rain-related fatalities reported in South Chungcheong province.
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- July 16 2025
MSIG paid out claims totalling US$44.3m in Hong Kong and Macau in 2024
Insurer's claims settlement ratio reached 94.5%, rising for the third consecutive year, up from 92.4% in 2021.
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- July 16 2025
US$1.3bn Myanmar earthquake biggest non-US insured loss event in H1 2025 as global total tops US$84bn: Gallagher Re
‘Psychological threshold’ question, the report says, is when will the insurance industry face its first US$200bn nominal annual loss year?
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- July 16 2025
Global insured losses in H1 expected to reach US$100bn: Aon
Myanmar earthquake was the biggest uninsured loss, as insurers covered less than US$100m from the total economic damage of US$12bn.
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- July 16 2025
Tokyo flooding to bring minimal losses, but highlights growing need to adjust underwriting strategies, flood models
While the event may not significantly impact (re)insurance pricing, loss adjusters told InsuranceAsia News that insurers need to respond to increasing attritional nat cat losses.
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- July 15 2025
APAC cyber claims up 22% in 2024, ‘likely to accelerate’: Aon
Region seeing significant competition among insurers, with an increasing number of insurance carriers entering from the London market.
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- July 14 2025
‘Tough for communities’: New Zealanders begin clean-up again after latest severe weather
As of 2pm Sunday, AMI, State and NZI had received more than 150 claims from the weather event across home, contents, motor and commercial policies.
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- July 13 2025
Air India compensation unaffected by pilot error possibility: report
Preliminary investigation finds fuel to the engines of the Boeing 787 Dreamliner involved in the deadly crash in Ahmedabad last month was cut off moments after take-off.
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- July 11 2025
Ex-Tropical Cyclone Alfred accounts for 88% of pool claims since inception, ARPC says
Cyclone Alfred left 300,000 homes and businesses without power in Queensland and New South Wales during February and March.
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- July 10 2025
Asia Pacific M&A rebound drives W&I adoption, claims: Aon
Notably, all 2024 tax notifications with the broker's Asia team involved Indian policies.
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- July 4 2025
Qantas cyber breach to create turbulence for insureds and insurers, but losses could fly under the radar
AIG-led cyber program placed by Marsh is unlikely to be significantly hit, industry sources told InsuranceAsia News.
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- July 2 2025
As ‘bomb cyclone’ hits Australia’s NSW, 2025 losses top US$1.2bn
Coastal low weather system has led to damaging wind and heavy rainfall since Tuesday.
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- July 1 2025
IAG lifts profit outlook as nat cat bill comes in below forecast
Australian insurer revealed that natural peril costs for FY2025 had come in roughly US$132m below expectations.
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- June 30 2025
Chubb Japan promotes Akira Hayasaka to head of claims services division
Tokyo-based Hayasaka, who was formerly head of commercial claims for the carrier, will report to CEO Edward Kopp.
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- June 30 2025
Wild weather hits New Zealand, with ‘millions of dollars’ in damage from Nelson-Tasman rain, floods
IAG has received over 373 claims for home, contents, motor and commercial policies across Nelson, Tasman, Marlborough, Auckland, and other areas.
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- June 26 2025
QBE confirms new claims ‘strategic direction’, with ‘roles impacted’
Rachel Elmes, Arron Mann, Brenton Crabb, and Kate Peterson will leave the firm, IAN understands.
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- June 24 2025
Allianz Australia names Luke Whenman as chief claims officer
Sydney-based Whenman was previously Suncorp's executive general manager for motor claims.
