Typhoon Nanmadol losses up at US$906m: PerilsDecember 20 2022 by InsuranceAsia News Staff
ICA declares New South Wales hailstorm as significant event
- May 29
Insurers have received 7,552 claims relating to the hailstorm with about 80% of those damage for motor vehicles as of the first half of May 29.
Tower falls to US$3m first half loss as cat costs bite, COR at 105.3%
- May 26
The Kiwi carrier settles 30% claims for Auckland floods and cyclone Gabrielle with large event losses rising 90% year-on-year to US$20m.
Japan, Korean insurers brace for claims from ‘US$1bn’ Typhoon Mawar in Guam
- May 26
There are 11 international hotels on the island which have BI cover. Crawford is sending 40 adjusters from Asia.
Tower places additional US$63m reinstatement cover
- May 24
With this reinstatement, the Kiwi carrier will ensure protection for a significant fourth catastrophe event within its current financial year.
Sedgwick: The digital revolution: How technology is transforming claims
Asia’s insurance market needs to embrace digital and data capabilities to improve client satisfaction.
Allianz Re: Securing India’s energy transition
Innovation and expertise are key to (re)insuring the country’s ambitious transition-to-renewables story.
AXA XL: Helping ESG move from the periphery to the mainstream
Underwriter Victoria Soo and Senior Risk Analyst Daryl Soh on how credit insurance helps finance infrastructure projects and other ESG investments.