Subject: Claims Page 40 / 50
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- July 22 2020
Perils counts rising cost of Australia’s January hailstorms
Claims have increased to US$1.28bn according to the latest data.
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- July 15 2020
Japan flood losses to reach “hundreds of millions”: report
Aon says insurers are expecting at least thousands of claims.
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- July 14 2020
Suncorp reflects on bushfires as NZ earthquake premiums soar
The affordability of insurance has come under scrutiny in Australia and New Zealand.
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- July 13 2020
ICA responds to bushfire enquiry as claims reach US$1.63bn
Rob Whelan, ICA’s chief executive, believes there are too many taxes to help consumers afford cover.
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- July 10 2020
Japan’s majors to hike rates after paying out billions
Several years of major nat cats means price rises for fire insurance next year.
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- July 8 2020
Australian Open unlikely to obtain pandemic cover for 2021
The organisers of the January major haven't been given an option to renew.
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- July 8 2020
Japan’s torrential July rainfall manageable for P&C players
Loss estimates not yet released from the wild recent weather but Moody's isn't too concerned.
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- July 8 2020
Crawford welcomes new Taiwan country manager
The loss adjuster has handed the post to a director.
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- July 7 2020
US$1.3bn market loss at peak of Australia’s bushfires: Perils
The provider has postcode level data for a seven day period of the 2019/2020 summer fires.
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- July 1 2020
MAS consultation highlights market’s green responsibility
Protecting the environment needs to be high on the agenda despite Covid-19.
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- July 1 2020
China’s rural premiums could reach US$141bn by 2025: report
State-led rural revitalisation could present significant opportunities for insurers.
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- June 30 2020
China flood losses soar to nearly US$4bn
The country is bracing for more flooding on the east coast this week.
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- June 30 2020
Wirecard fraud could trigger claims in Asia
The D&O and trade credit markets are bracing for the impact of multiple failures at the giant fintech.
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- June 30 2020
Aon hires senior Swiss Re claims exec in Singapore
The claims leader will boost the broker's specialty team.
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- June 26 2020
Covid-19 one of market’s biggest losses: Guy Carpenter
The reinsurance broker forecasts insured losses to reach US$100bn.
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- June 25 2020
Lloyd’s Covid-19 loss estimate too high: bank
An investment bank pushes back on US$100bn loss estimate - stating claims will be far lower.
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- June 25 2020
Thailand’s trade risks spike as claims bite
There have been multiple claims in this space.
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- June 19 2020
NZ’s EQC secures US$4bn reinsurance programme
The placement via Aon is considered a significant milestone given the country's earthquake risk.
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- June 18 2020
Former MetLife Asia head of claims joins QBE in HK
The experienced HK claims exec has also worked at AIG.
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- June 16 2020
Locked down India sees P&C premiums fall 9% in May
India has been one of the hardest hit countries in Asia by Covid-19.
