Claims and losses

over-300000-nat-cat-impacts-trigger-seadrifs-us2m-parametric-payout-to-lao-pdr

SEADRIF pays out US$2m to Lao PDR under new sovereign parametric insurance policy

September 4 2025

The new policy, issued in May and developed in partnership with Gallagher Re, uses human impact data as the trigger for payouts.

swiss-re-estimates-us150bn-in-global-cat-losses-for-2025-as-asia-events-drive-regional-impact

2025 nat cat insurance losses could top US$150bn, says Swiss Re

August 7 2025

The Myanmar earthquake in March was among the few non-US events to generate multi-billion-dollar insured losses in the first half of the year.

insurance-payout-for-capsized-ha-long-bay-tourist-boat-to-reach-us546k

Insurance claims payout for capsized Ha Long Bay tourist tragedy estimated at over US$500k

July 24 2025

The death toll from the incident has reached 37, with 10 injured and two still missing.

typhoon-wipha-leaves-hong-kong-counting-economic-losses-of-up-to-hk2bn

Asia feels Typhoon Wipha’s toll, but HK insurance claims forecast well below Saola

July 22 2025

Wipha left a trail of damage across multiple countries, forcing evacuations, suspending flights and highlighting ongoing nat cat risks.

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Economic losses for Australia's 'bomb cyclone' likely to be in 'lower hundreds of millions': Aon

July 7 2025

The storm caused major disruption across New South Wales, with hundreds of homes damaged and widespread power outages reported.

Luke Whenman named Chief Claims Officer at Allianz Australia

June 24 2025

He joins following an 11-year stint at Suncorp, most recently as Executive General Manager.

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Wild weather claims in 2025 already above 2024 full-year figure: Australia's NRMA

June 19 2025

Ex-Tropical Cyclone Alfred and severe storms have driven a surge in claims across eastern Australia so far this year.

A$1.44bn in insurance losses estimated following ex-Tropical Cyclone Alfred: ARPC

June 18 2025

Cyclone pool has received more than 68,000 claims and has already commenced making payments to insurers.

air-india-crash-could-trigger-us475m-insurance-claim-says-gic-re-chairman-report

Air India crash could trigger insurance claims of US$475m, says GIC Re chief: Report

June 17 2025

Global reinsurers will bear the majority of the insurance claims arising from the crash.

Air India flight AI171 crash to harden aviation reinsurance market: GlobalData

June 16 2025

Losses from the Air India crash may surpass the total annual aviation insurance premium in India.

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Air India tragedy: IRDAI issues urgent directives, insurers ease documentation to fast-track settlements

June 16 2025

The incident, expected to be India’s largest ever aviation insurance payout, has triggered the creation of a joint claims cell and expedited claims processing.

Air India flight crashes with 242 on board; early insurance loss estimates at US$120m-US$150m

June 12 2025

Tata AIG-led insurance consortium and global reinsurers face significant claims after Air India flight AI171 crashed, leaving only one survivor.

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