Claims and losses

Thailand insurers assess Bangkok building collapse with damages expected to exceed US$29m: Report

March 31 2025

State Audit Office building reported to be insured under all risk policy for 2.2bn baht (US$65m).

arpc-issues-preliminary-a1-7bn-loss-estimate-for-ex-tropical-cyclone-alfred

ARPC estimates reinsurance pool will cover A$1.7bn in Cyclone Alfred losses

March 25 2025

Estimate remains fluid and is likely to change as further assessments, more claims data become available, the corporation said.

insurance-claims-following-ex-tropical-cyclone-alfred-exceed-74k

Insurance claims from ex-tropical Cyclone Alfred rise to 74,000

March 20 2025

The number of claims has risen by over 10,000 since Monday.

cyclone-alfred-not-as-severe-as-it-might-have-been-say-industry-experts-but-lessons-remain

Cyclone Alfred not as severe as it might have been, but lessons remain

March 20 2025

Industry experts weigh-in on the impact of Alfred.

China's insurance claims payouts climb 21% in 2024

March 20 2025

Claims reach 2.3 trillion yuan (US$322bn) while insurance premiums grow 11%.

insured-losses-from-ex-tropical-cyclone-alfred-estimated-at-up-to-a2-5bn

JBA estimates insurance losses from ex-Tropical Cyclone Alfred at between A$1.5bn and A$2.5bn

March 19 2025

The storm displaced thousands, left 330,000 properties without power, and prompted over 20,300 evacuations in northern New South Wales.

ica-opens-eoi-process-to-support-post-tc-alfred-recovery-efforts

Claims data suggests Cyclone Alfred 'not as significant as first feared': ICA

March 17 2025

Number of claims has reached over 63,000 as of Monday.

ica-reports-over-1400-claims-for-north-queensland-floods

Insurance losses hit A$164m for North Queensland floods

March 14 2025

Insurance Council of Australia reports that 7,600 claims have now been lodged.

cyclone-alfred-insured-losses-expected-to-reach-hundreds-of-millions-aon

Aon projects Cyclone Alfred insurance losses of at least hundreds of millions of Aussie dollars

March 13 2025

Alfred's unusual path and slow movement result in severe flooding and record rainfall.

cyclone-alfred-downgraded-before-making-landfall

Claims from Cyclone Alfred continue to rise, now exceeding 22,000

March 11 2025

Claims from NSW likely to spike as residents return to assess damage.

cyclone-alfred-s-and-p-expects-insurance-claims-to-top-a2bn

Cyclone Alfred: S&P predicts insurance losses could top A$2bn

March 5 2025

Path and strength of cyclone remain uncertain, but insurance industry is well placed to weather loss of A$2bn (US$1.25bn), rating agency says.

“Unprecedented” Saltoro cherry loss may shake up cargo coverage limits

February 20 2025

Singapore-flagged Maersk Saltoro has docked in Nansha port, with initial inspections revealing extensive damage to 24,000 metric tons of Chilean cherries.

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