Subject: Claims Page 48 / 49
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- March 19 2019
Gold miner wins US$58m Thailand political risk payout
Kingsgate Consolidated's claims dispute has cost Zurich Australia and other insurers.
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- March 18 2019
Major flooding in Indonesia damages hundreds of homes
Disaster declared in Papua as torrential rain causes major damage and kills over 50.
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- March 15 2019
Severe storm drenches Sydney
Adjusters, brokers, insurers and reinsurers on high alert after a strong storm slammed Sydney.
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- March 12 2019
Queensland’s flood disaster highlights wide cover gap
The Insurance Council of Australia says around 50% of businesses didn't have flood cover.
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- March 11 2019
Victoria bushfires declared a catastrophe
Around 100 properties have been damaged as a result of multiple fires.
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- March 7 2019
Charles Taylor nabs McLarens Hong Kong construction team
UK-listed adjuster has set-up a non-marine division in the city.
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- March 6 2019
Sedgwick targets Asia growth after Insight deal
The global loss adjusting giant has bought Insight Adjusters in Singapore.
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- March 5 2019
Singapore GIA changes tack in fraud crackdown
The General Insurance Association of Singapore is offering cash for fraud information.
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- March 5 2019
Wildfires rip through Victoria
Many losses to properties expected to be discovered over the next few days.
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- February 25 2019
Sirius: Japan’s Jebi losses to exceed US$10bn
Claims have escalated from the powerful typhoon according to Sirius's CFO.
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- February 15 2019
Nat cat update: Queensland flooding claims over A$600m
Claims from the Townsville disaster zone have rocketed this week.
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- February 11 2019
New Zealand battles worst bushfire for 60 years
Thousands forced to evacuate on South Island after worst wildfire since 1955.
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- February 4 2019
Record rain wreaks havoc in northern Queensland
The Insurance Council of Australia has declared a catastrophe in Townsville.
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- January 24 2019
Nat cat losses hit US$255bn in 2018
17 natural disasters in Asia cost over US$1bn in economic losses last year.
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- January 16 2019
Japan’s typhoons push Swiss Re’s 2018 claims bill to US$2.9bn
The claims burden from two powerful typhoons in Japan have increased by US$320m for the reinsurer.
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- January 11 2019
Asia hit for US$18.4bn of nat cat claims in 2018
Natural catastrophes in Asia accounted for 23% of the US$80bn global insurance bill.
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- January 8 2019
Tropical storm Pabuk hits energy production in Thailand
The unusually powerful tropical storm is unlikely to be a major insurance event.
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- January 7 2019
Andrew Jackson steps down from MD role at Charles Taylor
Jackson's decision has given an opportunity to deputy Andrew Rice at the global adjuster.
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- January 4 2019
Extreme hailstorm hits Suncorp for A$250m
The Brisbane-headquartered insurer was hit by Australia's extreme weather in the second half of 2018.
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- December 28 2018
Indonesia counts cost of deadly volcano and tsunami
Initial reports suggest that insured losses could be more than US$1bn.
