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Emerging risks | Growth Opportunities | APAC Insurance

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Saturday, September 12, 2026

Claims and losses

insurers-still-receiving-new-claims-three-years-after-historic-lismore-floods
Insurers still receiving new claims three years after historic Lismore floods
February 17 2025
More than 99% of 242,000 claims now settled, but ICA says a small number of new claims still emerge each month.
cherry-ripe-saltoro-breakdown-highlights-issues-with-insuring-high-value-highly-perishable-cargo
Cherry problem: Saltoro breakdown highlights complexities insuring high-value, highly perishable cargo
February 14 2025
Record-breaking claims may be on the horizon, as US$60m worth of Chilean cherries face spoilage en route to China.
ica-reports-over-1400-claims-for-north-queensland-floods
North Queensland flood-related claims exceed 5,690
February 11 2025
The ICA and its members have expanded in-person claims support across flood-hit North Queensland.
ica-reports-over-1400-claims-for-north-queensland-floods
North Queensland flood claims near 4,000
February 6 2025
Insurers continue support through on-the-ground assistance as isolated communities begin clean-up.
ica-reports-over-1400-claims-for-north-queensland-floods
ICA reports over 1,400 claims for North Queensland floods
February 5 2025
Townsville narrowly escapes major floods, but region still on alert for potential of more severe weather.
general-insurer-fined-au100k-for-claims-code-breaches
Australian general insurer fined AU$100k for claims code breaches
January 29 2025
However Code Governance Committee opts not to name insurer, citing insurer's cooperation, transparency, and accountability as reasons.
la-wildfires-drive-insured-loss-estimates-as-high-as-us45bn
LA Wildfires: insured losses projected up to US$45bn
January 21 2025
Industry losses estimated between US$10bn and US$45bn, with some Asia (re)insurers facing exposure.
severe-storms-across-australias-eastern-states-trigger-surge-in-insurance-claims
Severe storms across Australia’s eastern states trigger surge in insurance claims
January 17 2025
Insurers mobilise after strong winds, hail hit New South Wales and Queensland.
korean-insurers-could-see-losses-of-over-us70m-from-la-wildfires-report
Korean insurers could see losses of over US$70m from LA wildfires: Report
January 17 2025
DB Insurance and Korean Re among those exposed to losses from wildfires.
msig-singapore-appoints-inova-care-for-health-insurance-claims-management
MSIG Singapore appoints Inova Care for health insurance claims management
January 15 2025
MSIG Singapore appoints Inova Care as health claims service provider in bid to help manage rising medical costs.
zurich-apac-cuo-debra-burford-elevated-to-global-claims-leadership-role
Zurich APAC CUO Debra Burford elevated to global claims leadership role
January 10 2025
Burford announced as Global Head of Financial Lines, Cyber, and Credit Lines Claims for Zurich Commercial.
jeju-air-crash-may-lead-to-insurance-loss-of-up-to-us180m
Insurance claims from Jeju Air crash estimated between US$135m and US$200m
January 2 2025
Samsung Fire & Marine the lead insurer, with early claims estimate up to US$200m across passenger liability and hull.
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