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Emerging risks | Growth Opportunities | APAC Insurance

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Friday, September 11, 2026

Claims and losses

KansaiAprilHail
GIAJ reports US$350m in claims paid for Hyogo hail-fall
June 20 2024
As of 31 May, over 119,000 claims have been paid following the hail-fall.
2024 - Noto Peninsula Earthquake
GIAJ: Noto Peninsula Earthquake claims rise to ¥90.9bn (US$578.02m)
June 13 2024
Approx. 145k of 150k residential claims have been investigated, with 69% of claims paid.
south-korean-motor-insurers-pay-claims-from-trash-balloons-despite-war-exclusions-report
South Korean insurers pay 'trash balloon' claims despite war exclusions - report
June 13 2024
Insurers are opting to cover motor damage, citing unusual circumstances and classifying North Korea's trash-filled balloons as "falling objects".
NatCat - 2023 Australias Christmas Storms
Australia's Christmas Storms top AU$1.2bn in industry losses: ICA
June 12 2024
Christmas storms have led to over 97,000 claims with half now finalised, according to the Council's latest update.
singapore-airlines-offers-compensation-to-passengers-injured-in-severe-turbulence-reports
Singapore Airlines offers compensation to passengers injured in severe turbulence - reports
June 12 2024
Passengers with minor injuries reportedly offered US$10,000, while serious cases are in discussions about tailored compensation.
axa-xl-appoints-julie-morgan-as-head-of-claims-australia
AXA XL appoints Julie Morgan as Head of Claims, Australia
May 29 2024
Morgan succeeds Julijana Sumner, who was promoted to Chief Claims Officer for APAC & Europe in late 2023.
india-faces-growing-backlog-of-1m-motor-insurance-claims-valued-at-nearly-us10bn
India faces growing backlog of 1m motor insurance claims valued at nearly US$10bn
May 28 2024
RTI query uncovers over 1 million pending motor accident claims worth 805bn rupees (US$9.68bn).
aerial-and-satellite-images-employed-to-fast-track-noto-peninsula-quake-claims
Insurance losses for Noto Peninsula Earthquake jump over US$500m mark
May 24 2024
Total number of claims rises to over 140k, with 95% of investigations completed and 67% of payments made as of 26 April.
giaj-reports-over-us600m-in-insurance-losses-from-2023-windstorm-events
GIAJ reports over US$600m in insurance losses from 2023 windstorm events
May 21 2024
General Insurance Association reports 58,695 claims amounting to ¥95.43bn (US$610.75m) paid for separate June and July 2023 windstorm events.
2024 - NSW Severe April Storms
NSW's severe April storms cause AU$176m in insured damages
May 17 2024
95% of AU$176m (US$117m) in damages related to property, with insurers having paid out AU$10m so far, the ICA reports.
BaltimoreBridgeCollapse
Chubb prepares US$350m claim payout for Baltimore Bridge collapse - reports
May 3 2024
First major payout from Scott Key Bridge looms after incident sparks complex web of claims and lawsuits.
nfra-calls-for-swift-insurance-response-to-guangdong-highway-collapse
NFRA calls for swift insurance response to Guangdong highway collapse
May 3 2024
Another disaster hit rain-stricken Guangdong on Wednesday, with insurers fast-tracking 10.62m yuan (US$1.47m) in claim payments so far.
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25 September
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