Subject: Claims Page 2 / 49
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- March 17 2025
Megan Shao named head of claims for Asia at Axa XL
Singapore-based Shao joins from Canopius.
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- March 17 2025
Cyclone Alfred claims top 63,000, but event ‘not as significant as first feared’
Insurance Council of Australia also releases its Industry Action Plan, which outlines the industry’s position on the remaining recommendations from the Parliamentary Flood Inquiry and the independent review of the industry’s Code of Practice.
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- March 17 2025
BHSI promotes Megan Howe to head of claims for Australasia
Auckland-based Howe has been with BHSI for over 10 years, most recently as claims manager for New Zealand.
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- March 17 2025
Just the tip of a liability iceberg as PFAS risks become apparent, but legal reform roadblocks remain
Firms are set to be drawn into litigation, but changes to the law in Australia are unlikely as they could potentially open the government to significant risks, according to a Sydney-based lawyer.
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- March 14 2025
Queensland flood insured losses reach US$103m
Insurers have received more than 7,600 claims following the severe weather and flooding earlier this month, according to the Insurance Council of Australia (ICA).
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- March 13 2025
Cyclone Alfred claims top 44,000, road to recovery expected to be long
Insurance Council of Australia (ICA) CEO Andrew Hall also seeks to 'push past politicking around insurers and insurance companies'.
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- March 12 2025
Cyclone Alfred payouts top US$1.5m as claims surge 50%
Economic and insured loss impacts expected to reach 'at least into the hundreds of millions', according to Aon.
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- March 12 2025
Opinion: As APAC’s nat cat bill rises along with the nerves of insurers, is it time for governments to lend a hand?
Commercial (re)insurance market across Asia-Pacific faces an increasing severity and frequency of climate-related risks, which are seen as the defining challenge of our time, with stakes particularly high for the region.
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- March 11 2025
Cyclone Alfred claims ‘spike’ to over 22,000 as clean-up begins
Majority from Queensland, according to the Insurance Council of Australia, with claims from New South Wales set to increase in coming days.
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- March 11 2025
‘Significant’ claims in the thousands expected from Cyclone Alfred, could add to premium pressure despite downgrade
Impact zone of 'wide-ranging event' spans over 500km, covering heavily populated areas between southeast Queensland and parts of northern New South Wales, with over 9,000 claims already lodged.
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- March 11 2025
PCRIC makes US$45,000 parametric payout on coral reef cover in Cyclone Rae aftermath
Payment to an NGO in Fiji will be used for reef clean-up and restoration activities and community livelihood support hit by the tropical cyclone.
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- February 27 2025
Japan’s deadly heavy snow likely to lead to property, BI claims with limited exposure
Regional loss adjusters tell IAN that record snowfall in Niigata, Ishikawa and Nagano prefectures, as well as other areas of Japan, has already led to travel delays, car accidents and property damage.
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- February 26 2025
QBE hands Julie Starley permanent role as chief claims officer for Australia Pacific
She had held the role on an interim basis following the departure of Jon Fox at the end of 2024.
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- February 21 2025
New Zealand’s Otago flood insured losses hit US$19.4m, top 2015 floods
Insurance Council of New Zealand data shows 1,920 private insurance claims were made following the deluge which hit at the start of October.
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- February 19 2025
Cyclone Zelia losses to be minimal for Australia’s self-insured iron ore miners as key port spared
Mining companies have protective measures, including co-insurance or high deductibles, Crawford's Jonathan Hubbard tells IAN.
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- February 10 2025
Solomon Islands sue Korea P&I Club, MS Amlin Marine in oil spill lawsuit: report
The residents of the island are seeking up to US$38m in compensation for a 2019 grounding of a cargo ship.
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- February 10 2025
BOC Aviation settles Irish lawsuits against insurers over stranded Russian jets: report
SMBC Aviation Capital has, meanwhile, reached settlements with Swiss Re and Scor Europe, two of the 18 insurers it is pursuing litgation against.
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- February 6 2025
California fires losses to exceed Hannover Re’s Q1 large-loss budget
The reinsurer estimates a US$500-700m hit from the event and an industry loss of US$30-40bn.
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- February 6 2025
Queensland flood claims near 4,000, but too early to estimate total damage
Insurance Council of Australia says many communities remain isolated after the region was battered by heavy rain since last week.
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- February 5 2025
Northern Queensland floods set for ‘substantial’ losses after once-in-a-century deluge
Loss adjusters expect property and business interruption claims after parts of the region were battered by heavy rain since last week.
