Subject: Claims Page 44 / 49
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- November 27 2019
Japan’s typhoons spur sophistication
The market wants to improve, whatever mother nature throws at it.
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- November 27 2019
Axis pegs Hagibis losses at US$90m to US$110m
The specialist player has around 1% of the market costs of the storm.
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- November 26 2019
Tower in US$45m dispute with Earthquake Commission
The New Zealand P&C player has a disagreement over the allocation of property damage.
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- November 25 2019
Australia releases aid as bushfire claims hit US$100m
A community recovery package includes grants for SMEs and farmers.
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- November 21 2019
IAG buys motor repair specialist
The Australian giant's move should help speed up claims.
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- November 18 2019
Australia’s unprecedented bushfires
Insurers on the hook for over US$100m in a disaster worsened by climate change.
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- November 18 2019
7,500 claims lodged as huge hailstorm slams Queensland
A superstorm has left a trail of destruction and the market has seen US$40m of costs so far.
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- November 15 2019
Australia’s bushfires trigger US$54m of claims
An already-severe bushfire season will hit the nation's insurers hard.
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- November 12 2019
IAG to draw hefty bill from latest bushfires
Market claims could be well over US$100m, as Sydney faces "catastrophic" threat.
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- November 11 2019
Millions evacuated as Cyclone Bulbul makes impact
The storm has killed 13 people and is likely to wreak further damage in India and Bangladesh.
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- November 8 2019
Swiss Re seeks to double its book in Asia: Higginbotham
The reinsurer has ambitious plans for the next five years.
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- November 7 2019
Aviation claims grow, but flying safer: AGCS
Perhaps surprisingly, the global aviation market has seen some of its safest years ever.
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- November 6 2019
Hiscox reserves for Faxai and Hagibis losses
The London firm is the latest to reveal its hit from the storms.
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- November 5 2019
Philippines’ Commission urges action on quake claims
The Philippines has been rocked by three major earthquakes since mid-October.
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- November 4 2019
Sedgwick acquires Malaysia’s Maphilindo International
The loss adjuster is continuing its fast expansion in the region.
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- November 4 2019
Australia to face intensified cyclone risk: IAG
Rising temperatures will lead to more devastation in New South Wales and Queensland.
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- October 31 2019
US giant could be on hook for Auckland fire: report
Three insurers, including Chubb, have been reported as behind the coverage for the burnt convention centre.
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- October 29 2019
Hong Kong’s insurers hit by US$76.5m of protest claims
The figure is the third highest in the Special Administrative Region's history.
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- October 28 2019
Scor expects Japan price increases to continue
The reinsurer has also managed to use retro to recover some recent typhoon losses.
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- October 25 2019
Auckland fire payout in doubt: expert
Recklessness or gross irresponsibility could be the cause of the convention centre fire.
