Subject: Claims Page 44 / 57
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- December 15 2020
Macau casino group receives US$13m Covid-19 BI claim
Sources told InsuranceAsia News 18 (re)insurers paid out for a pandemic-related business interruption claim.
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- December 14 2020
One Apus container loss to top US$200m
The Japanese-owned vessel lost over 1,800 boxes in the North Pacific in late November.
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- December 14 2020
Australia BI claims unlikely to have Asia domino effect
Many (re)insurers withdrew coverage due to large claims after the SARS outbreak.
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- December 14 2020
Queensland’s October hailstorm losses reach US$927m: Perils
Market claims have surged since November.
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- December 8 2020
Australian insurers to appeal adverse BI decision
Insurance Council of Australia to challenge NSW ruling on Covid-19 claims in the High Court.
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- December 4 2020
Vietnam claims to soar as nat cat toll hits US$1.3bn
Nine typhoons in the last two months have caused significant flooding to homes and businesses.
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- November 30 2020
NSW’s market on alert after bushfires and extreme heat
Summer started with an unwelcome combination over the weekend.
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- November 24 2020
Tower agrees US$29.5m settlement with EQC
The compromise ends almost a decade of uncertainty for shareholders.
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- November 23 2020
New Zealand’s Ohau fire claims surpass US$24m
It was one of the largest wildfires in the country's history.
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- November 23 2020
Typhoon Vamco causes significant damage to the Philippines
There are numerous infrastructure claims associated with the storm.
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- November 18 2020
Vietnam sees tepid P&C growth as 13th typhoon hits
It has been a tough time for the sector despite a rapid response to Covid-19.
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- November 17 2020
Bushfire season reignites as Bureau of Meteorology issues warning
A fire in Victoria, extreme heat and a damning scientific climate report see market on high alert.
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- November 17 2020
2019 Timaru hailstorm losses soar to US$117m: ICNZ
As the first year anniversary approaches, the claims bill is a significant increase over previous figures.
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- November 16 2020
Suncorp reserves US$90m for Covid claims, market awaits court ruling
The insurer is preparing for the worst after three months of lockdown in Victoria.
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- November 11 2020
Charles Taylor adds Marsh veteran to Australia team
Richard Lance brings with him 3 decades of market experience.
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- November 10 2020
Charles Taylor furthers presence in Malaysia, makes senior hire
P&C expansion and recruitment of Bala Subramaniam is springboard into South-East Asia.
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- November 9 2020
Philippines and Vietnam suffer US$700m storm damage costs
McLarens and Total Claims Specialist have shared on the ground claims intelligence with IAN.
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- November 4 2020
Queensland hailstorm claims soar as La Nina outlook worsens
It could be a long autumn and summer for insurers as losses reach US$140m.
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- November 2 2020
ICA: Queensland’s Halloween hailstorm is catastrophe
The weekend storm came the day after the Royal Commission sent in its final report on nat cats.
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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.
