Subject: Claims Page 49 / 49
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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.
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- December 27 2018
US$79bn of global insured disaster losses in 2018, says Swiss Re
It has been another year of costly disasters for the world's insurance market.
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- December 21 2018
Catastrophe declared for Sydney hailstorm
Insurers on the hook for tens of millions of dollars after the worst hailstorm in 20 years.
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- December 20 2018
Crawford & Co promotes Andrew Bart to global role
Global loss adjuster has promoted its Asia Pacific president.
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- December 18 2018
Millions more living in Japan’s flood zones: study
The number of households in flood-prone areas has climbed 25% since 1995.
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- December 14 2018
Compensation claims are rising rapidly in Asia Pacific
Claims are on the increase around the region according to Allianz Global Corporate & Specialty.
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- December 5 2018
Hong Kong launches claims’ fraud database
Insurers can now upload data to the long-awaited Insurance Fraud Prevention Claims Database.
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- November 27 2018
Disaster declared in Queensland from “unprecedented” bushfires
Insurers will be watching closely as 40 bushfires burn in the central part of the state.
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- November 7 2018
Tugu to cover Lion Air victims’ families
Total payouts resulting from last month's tragic plane crash are likely to reach over Rs235bn.
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- October 17 2018
Indian regulator studies staggering claims payouts
Working group formed to examine the idea of settling claims in instalments.
