Subject: Claims Page 45 / 49
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- October 23 2019
Typhoon Hagibis’ losses at US$8bn to US$16bn: AIR
The costs from Japan’s worst storm in decades will be significant for the market.
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- October 23 2019
Claims expected after huge fire in central Auckland
The uncompleted New Zealand International Convention Centre has been seriously damaged.
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- October 21 2019
Japan’s P&C majors stable after typhoons: AM Best
Losses from Typhoon Faxai and Super Typhoon Hagibis should be manageable.
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- October 17 2019
AIG’s Japan limits hit by Faxai and Hagibis: analysts
The typhoons could have breached US carrier's reinsurance limits, according to Credit Suisse.
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- October 17 2019
Parts of Australia could become uninsurable: ICA
The Insurance Council of Australia has given a stark warning to the market.
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- October 16 2019
IAG firm issues New South Wales storm loss warning
NRMA's concern comes as it reveals sobering figures for 2018-19's season.
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- October 16 2019
AIG appoints head of claims for Asia
Steve Gibbs will join the regional team from Axa XL.
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- October 16 2019
Claimed attack on Iranian tanker to raise war risk rates
The latest incident in the Middle East will drive rates up further.
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- October 15 2019
Super Typhoon Hagibis could harden 2020 renewal rates
The Japan storm, which has flooded 37,000 homes, is likely to influence reinsurance pricing.
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- October 14 2019
Japan counts cost of Super Typhoon Hagibis
The Tokyo storm was the strongest in 60 years and will trigger millions in claims.
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- October 14 2019
Bushfires in New South Wales cause widespread damage
The fires are the latest signal it is going to be a long, destructive season.
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- October 7 2019
McLarens hires former AIG exec Parsons in Hong Kong
The loss adjuster has made another senior hire in the Special Administrative Region.
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- October 2 2019
Chubb appoints Australia and New Zealand head of claims
Long-time Chubb exec Simon Priebbenow to lead division.
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- September 25 2019
Australian bushfire claims climb to almost US$14m
A severe and early bushfire season means mounting claims in Australia.
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- September 23 2019
Loss adjusting’s private equity attraction
A US PE player's proposed offer for Charles Taylor is the latest in a string of deals in the sector.
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- September 23 2019
Typhoon Tapah lands in Korea, threatens Japan
The market will be on high alert as typhoon season continues.
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- September 20 2019
Lessons from Jebi
Losses from Typhoon Jebi should not have been such a big surprise, but Faxai will test if the lessons have been learned.
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- September 20 2019
Projected Faxai losses for MS&AD and Sompo at US$2bn
The typhoon is likely to cost the majors around US$1bn each as total market claims reach 185,000.
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- September 20 2019
Thailand’s motor market under pressure
A reduction in the cap on broker commissions could help stem losses.
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- September 19 2019
Charles Taylor accepts US$325m PE takeover bid
The services firm's share price climbed over 35% following an offer from Lovell Minnick Partners.
