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Emerging risks | Growth Opportunities | APAC Insurance

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Tuesday, October 6, 2026

Claims and losses

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.
2024_04_GuangdongFloods
April Guangdong floods could see economic losses in the hundreds of millions of USD - Aon
April 29 2024
Damage assessment continues, but financial toll on property, motor, and agriculture expected to be significant.
aerial-and-satellite-images-employed-to-fast-track-noto-peninsula-quake-claims
90% of Noto Earthquake claims investigated as of 31 March
April 22 2024
Latest figures from GIAJ show that approx. 115,000 of 128,000 claims investigated, with 81,000 claims now paid.
HualienEarthquake
TSMC estimates US$92.44m loss from Hualien earthquake
April 20 2024
Lack of structural damage at world's largest semiconductor manufacturer helps minimise BI losses.
malaysian-life-industry-sees-strong-new-business-growth-overshadowed-by-claims-surge
Malaysian life industry sees strong 2023 new business growth overshadowed by claims surge
April 18 2024
Malaysia sees 11.6% new business growth but 14.9% surge in claims payouts amid rising medical costs.
asia-bears-40-of-q1-economic-nat-cat-losses-disaster-costs-gallagherre
Asia bears 40% of Q1 nat cat economic losses: Gallagher Re
April 18 2024
Japan's earthquake contributes US$12bn of Asia's US$17bn in natural catastrophe losses, according to preliminary data.
zurich-climbs-to-third-largest-general-insurer-in-hong-kong-by-gwp-in-2023
Zurich climbs to third-largest general insurer in Hong Kong by GWP in 2023
April 17 2024
Zurich reports 12.8% GWP growth, Asia Insurance's GWP surges 36%, while AXA sees strong performance in premiums and claims, per IA data.
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