Subject: Claims Page 30 / 50
-
- February 18 2022
QBE’s profit surges despite 23% nat cat claims rise
Group profit increased to US$750m in FY2021, following significant losses in 2020.
-
- February 16 2022
Sri Lankan P&C claims spike 22%
Claims rebounded from a Covid slump in 2020 pushing underwriting profits down.
-
- February 14 2022
Charles Taylor gains Indian foothold with Skaad partnership
The London-headquartered adjuster has been expanding its APAC presence to keep up with rivals.
-
- February 11 2022
IAG profit boost despite cat miss
Aussie giant's premiums grew to US$4.58bn in H1 2022 as intermediated division saw 9% price increases.
-
- February 9 2022
Tokio Marine makes strategic investment in cat specialist ICEYE
The two firms will collaborate on claims and nat cat products.
-
- February 8 2022
Suncorp’s profit dips as H1 nat cat claims soar
Insurance arm in Australia saw profits fall by more than half to US$81.3m.
-
- February 8 2022
CBIRC regulates quarantine cover: report
The watchdog has issued an emergency notice for quarantine insurance after claims were rejected.
-
- February 7 2022
Q&A: McLarens’ Michael Campbell-Pitt
The Asia regional director on the impact of recent large cat events, Covid disruption and claims' digitalisation.
-
- January 27 2022
Thai Group seeks to close Covid-hit Southeast Insurance
With the emergence of Omicron, the insurer sees no respite from a mountain of Covid claims.
-
- January 26 2022
Wotton + Kearney bolsters disputes team with DLA Piper hires
Experienced partners Peter Leman, Caroline Laband and Misha Henaghan start in February.
-
- January 24 2022
World Bank hands US$8m cat payout to Tonga
A one-in-one-thousand year event has triggered an emergency resilience option.
-
- January 20 2022
Asia Covid policies add pressure to cargo market
As China ramps up measures, cargo stacked at ports and quarantined crew are causing cover and claims' issues.
-
- January 19 2022
Suncorp New Zealand appoints new head of claims
Jane Brewer has been at the insurer for over a decade and will take on her new role in July.
-
- January 19 2022
Malaysia’s insurers continue to count costs of December floods
Crawford has dealt with over 1,500 claims and has been using virtual surveys during the pandemic.
-
- January 18 2022
Integra signs partnership with major South Korean adjuster
Seoul-headquartered International Adjusters & Surveyors (Iasco) has over 600 staff.
-
- January 18 2022
Powerful Queensland hailstorm triggers commercial claims
The storm damaged a council building, an aquatic center and an art gallery in Toowomba.
-
- January 14 2022
Climate crisis dominates Asia’s risk outlook
Nat cats caused US$50bn of losses in APAC in 2021, as WEF says top five risks are linked to climate change.
-
- January 13 2022
India pressed for pandemic risk pool
The regulator has been working on the project with a private and public partnership the most likely outcome.
-
- January 13 2022
Typhoon Rai triggers thousands of claims for Philippines’ adjusters
Major damage to a hospital, a grain silo firm and beach resorts will lead to millions of dollars in payouts.
-
- January 11 2022
China was second-largest insurance market again in 2021: CBIRC
The total claims payout was US$224bn in the first 11 months of the year, the regulator said.
