Subject: Claims Page 37 / 49
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- October 30 2020
“Warmer-than-average” NZ summer to heighten cyclone activity
The market is hoping there won't be a repeat of the losses incurred in the 2017/18 storm season.
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- October 28 2020
Worst typhoon “in decades” approaches flood-hit Vietnam
The 17th typhoon to hit the country this year has already caused damage in the Philippines.
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- October 27 2020
Creeping hailstorm losses are Australia’s latest market challenge
As claims from one event reach US$430m - data, analytics and reinsurance are climbing the agenda.
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- October 26 2020
Vietnam’s market braces for claims after “devastating” floods
Thousands of hectares of crops have been submerged.
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- October 26 2020
IAG’s growth sluggish as outgoing Harmer flags “challenging” H2
The firm's incoming CEO will take the reins after an exceptionally tricky period.
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- October 22 2020
McLarens’ Panes: Claims handling during pandemic “admirable”
The HK-based APAC COO speaks on regional expansion and adaptation.
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- October 20 2020
Perils pegs Queensland April hailstorm losses at US$429m
Insurers experienced unusually late and significant claims development.
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- October 13 2020
Expect “above average” and early Australia cyclone season: BOM
A La Nina weather system means the market needs to prepare for a wet six months.
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- October 12 2020
Tropical Cyclone Nangka approaches Hainan Island and HK
Typhoon warnings have been raised in Hong Kong and Macau.
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- October 8 2020
Typhoon Chan-hom approaches Japan
The weather system is expected to become a category 2 storm.
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- October 7 2020
Beirut port market loss estimate climbs to US$7.5bn: ACAL
Figure from the Association of Insurance Companies in Lebanon is double previous amount.
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- October 7 2020
McLarens continues global adjusters’ APAC expansion
New Zealand deal is the latest in the region to build on local networks and expertise.
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- September 25 2020
Sedgwick opens TPA division in Malaysia
The plan is to connect with four other service centers across the world.
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- September 21 2020
Market responds to Indonesia’s huge flood risks
As Jakarta sinks, Guy Carpenter ramps up investment in cat modelling.
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- September 16 2020
Flood claims in NZ approach US$50m from two events
Payouts for July's Northland floods have already exceeded February's Southland disaster.
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- September 14 2020
Aon and McLarens warn on losses, reduced capacity in Asia’s aviation market
But there are tentative signs of recovery in the sector, after a torrid year so far.
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- September 10 2020
Market counts losses from multiple typhoons in Korea and Japan
Adjusters are surveying the damage, as a large ethane ship floods while it is being built.
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- September 7 2020
Market readies for P&I loss as oil tanker in Sri Lanka catches fire
The MT New Diamond is a large crude ship which flies the Panama flag.
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- September 7 2020
2,000 unresolved claims 10 years after Canterbury earthquakes
Overall payouts have climbed over US$20bn.
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- September 4 2020
Typhoon Haishen to follow similar path to Typhoon Maysak
The potential super typhoon is set to hit parts of Japan and South Korea over the weekend.
