Subject: Claims Page 3 / 59
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- July 16 2026
Chinese insurers face US$1bn hit after back-to-back storms
Insurance industry has already paid out US$427m after typhoons Maysak and Bavi struck 20 provinces.
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- July 15 2026
Asia H1 nat cat insured losses below US$2bn, lowest since 2017: Gallagher Re
Despite a period of benign loss activity, the compounding effects of a strong El Nino, combined with atmospheric and oceanic warming, will further influence how risk develops across different regions of the world.
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- July 14 2026
January Victoria bushfire losses rise to US$596m: Perils
Third industry loss estimate from the catastrophe data provider indicates personal lines accounted for 30% of the loss, commercial lines 68%, and motor 2%.
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- July 13 2026
Dhipaya braces for heavy claims after deadly Bangkok bar fire
Office of Insurance Commission says Rong Beer Na Ladprao's total insurance coverage amounts to US$1.2m.
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- July 13 2026
Marsh elevates 23-year veteran Robert Krleski to Pacific head of advocacy
Sydney-based Krleski reports to APAC head of claims Jon Fox.
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- July 13 2026
Markel strengthens Asia claims team with India appointment
Insurer appoints Sarika Sagar Gadekar as a claims adjuster, with a focus on marine claims, and will be based in Mumbai.
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- July 10 2026
Typhoon Maysak payout hits US$323m as China braces for Typhoon Bavi
Insurers in Guangxi, Hubei, Hunan, Guangdong, Guizhou, Gansu, Chongqing, Jiangxi, Anhui, and other regions have received 320,000 reports.
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- July 9 2026
Typhoon Maysak claims top 11,000 in China, insured losses hit US$16m
Ping An, Taiping, China Life P&C, CIC China Insurance, and China Continent Insurance have all reported claims related to the typhoon and the subsequent thunderstorms and tornadoes.
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- July 5 2026
Marsh appoints Melody Carr as national head of technical claims advocacy for the Pacific
She was most recenlty head of finpro claims and head of technical at Marsh McLennan.
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- July 3 2026
Suncorp FY26 nat cat costs top US$1.5bn, exceeds allowance
Australian insurer expects GWP growth of approximately 2.7% for the finacial year ended June 30.
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- June 23 2026
Tower promotes Dan Walker to chief claims officer
He replaces Steve Wilson, who stepped down and returned to Australia.
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- June 22 2026
Matthew Davis joins Delta Insurance Australia as head of claims
He was formerly with Axa XL for almost eight years.
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- June 16 2026
Cyber insurance limit adequacy under the microscope across Asia as average ransomware event cost tops US$5m
More than 95% of average data breach losses and 90% of average first-party losses are adequately covered by insurance, according to Willis' latest cyber report.
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- June 11 2026
El Niño raises winter bushfire risk across Australia: IAG
While reporting its quietest start in over a decade for weather-related claims, the insurer warned that emerging dry conditions are elevating bushfire risk.
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- June 10 2026
Philippines quake to weigh on reinsurers despite insured losses capped by low penetration: AM Best
While overall insured losses remain limited, multi-line losses from the 7.8-magnitude earthquake will impact reinsurers, reflecting the market’s reliance on global capacity.
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- June 10 2026
APAC insurance outlook neutral for 2026 despite rising claims cost: Fitch
Resilient capital buffers, disciplined underwriting and improving asset-liability management are offsetting market pressures across the regoon, hwoever, modestly higher claim inflation and tighter solvency rules are expected to challenge profitability.
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- June 10 2026
Munich Re Specialty continues Australia build-out, hires Angus Kench as commercial claims head
Sydney-based Kench, who joins from Liberty Specialty Markets, will start in his new role from July 1.
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- May 29 2026
IAG settles US$2.8bn litigation with Greensill Bank administrators
InsuranceAsia News reported last week that Greensill Bank’s administrators were nearing a settlement with its insurers following court-sponsored mediation in March.
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- May 27 2026
Deutsche Rück flags Myanmar earthquake as biggest loss in 2025 as profits jump 45%
German reinsurer posts strong premium growth and improved underwriting, with international expansion underpinning strong outlook.
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- May 25 2026
China floods trigger US$110m in losses as claims top 33,000
Insurers have paid out US$31m in claims following heavy rains across southern and central China, according to the National Financial Regulatory Administration.