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Emerging risks | Growth Opportunities | APAC Insurance

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Sunday, August 23, 2026

Claims and losses

2024 - Noto Peninsula Earthquake
GIAJ reports over US$729m in insurance claims from 2024's Noto Peninsula Earthquake
April 28 2025
The 7.6-magnitude earthquake that struck on 1 January 2024 impacted several prefectures across Japan.
CycloneAlfred
PERILS estimates A$2.57bn in insured losses from Cyclone Alfred
April 23 2025
Estimate makes Aflred the country's second largest industry loss, on an adjusted basis, since Cyclone Tracy in 1974.
2025-03-SouthKoreaWildfires1
Over 5,000 insurance claims lodged after South Korea wildfires, assessments ongoing: Report
April 14 2025
Crop loss claims dominate claims following wildfires in Uiseong and Sancheong Counties.
RACQ
Cyclone Alfred leads to largest number of property claims in RACQ's history
April 8 2025
Insurer's losses estimated up to A$220m (US$133m), with Cyclone Reinsurance Pool expected to cover most of the figure.
Australia
Australia's GI Code Governance Committee sees improved compliance as breaches decline
April 8 2025
Insurers reported 67,394 breaches of the Insurance Code of Practice in 2023–24, marking a 13% decline from the previous year.
Mandalay_Myanmar_Thailand_Earthquake2
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.
chinas-insurance-claims-payouts-climb-21-in-2024
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%.
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28 August
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