Subject: Claims Page 46 / 49
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- September 17 2019
Typhoon Faxai losses between US$3bn to US$7bn: AIR
At times last week's Japanese storm compared in strength with Typhoon Jebi.
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- September 11 2019
NSW and Queensland bushfire claims near US$10m
Almost 100 claims have already been lodged according to the Insurance Council of Australia.
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- September 10 2019
Charles Taylor recruits Stephen Thorpe
The veteran will become director, Asia Pacific, natural resources and engineering at the loss adjuster.
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- September 2 2019
US$250m China satellite loss is looming: report
Any loss is likely to affect the international reinsurance markets.
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- August 29 2019
Australia prepares for challenging bushfire season
The country's market is bracing for a hot and dry summer.
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- August 27 2019
Australian firms see plunge in underwriting result
Nat cats in Sydney and Queensland saw overall annual underwriting profit drop 44.7%.
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- August 19 2019
India’s regulator calls to expedite monsoon claims
The Insurance Regulatory and Development Authority of India is asking insurers to speed up claims after huge flooding.
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- August 16 2019
US$19bn of global insured losses in H1 2019: Swiss Re
Global economic losses from nat cats and man-made disasters amounted to US$44bn in the first half of 2019.
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- August 16 2019
Typhoon Lekima to cost market US$855m
The storm could be the second most expensive ever in China and result in US$7.4bn of economic damage.
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- August 15 2019
Indonesia’s health scheme still suffering financially
The shortfall between premium income and claims' payouts is expected to climb to US$2bn.
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- August 13 2019
Perils ups Townsville claims estimate by over US$90m
The increase is in property loss claims from the winter Queensland flooding disaster.
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- August 12 2019
30 dead and billions in losses as typhoon slams China
Economic losses from Typhoon Lekima amount to at least US$2bn.
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- August 7 2019
Japan’s majors to raise motor rates
The 3% rise will come as claims inflation is set to rise in the country.
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- August 5 2019
Will storm pilot help Macau’s SMEs?
The Monetary Authority of Macau has teamed up with five insurers and a reinsurer to help protect SMEs from powerful typhoons and storm surges.
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- August 5 2019
60% of Townsville flooding claims closed: ICA
The Insurance Council of Australia hails market progress since the unprecedented flooding disaster.
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- July 31 2019
First half nat cat bill highlights protection gap
Numerous multi-billion dollar regional disasters in the first half of the year had relatively little cover according to Aon.
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- July 26 2019
Piracy increases in the Singapore Strait
Overall piracy incidents are down in the first six months of the year.
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- July 25 2019
H1 nat cat bill drops to lowest in 13 years
The level of insured losses has gone down but economic losses have risen according to Aon.
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- July 23 2019
Millions affected as heavy flooding hits South Asia
The market is on high alert as rain wreaks havoc in Bangladesh, India, Nepal and Pakistan.
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- July 11 2019
Summer flooding in China cost US$6bn
Floods have caused billions of dollars of economic losses in China and India according to Aon's Impact Forecasting.
