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Emerging risks | Growth Opportunities | APAC Insurance

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Monday, August 24, 2026

Claims and 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.
HualienEarthquake
Strict and well-enforced building codes key to minimising Hualien earthquake losses: Guy Carp
April 15 2024
Disaster preparedness helps mitigate impact of the largest earthquake to hit the island in 25 years.
HualienEarthquake
CoreLogic lowers Taiwan Earthquake loss estimate to US$500m-US$1bn
April 12 2024
CoreLogic revises initial US$5bn-US$8bn insurable loss estimate, aligning with more closely with other industry figures.
ica-australian-summer-extreme-weather-insurance-losses-hit-au1-2bn
Australian summer nat cat bill surpasses AU$1.6bn
April 10 2024
Cyclone Jasper, Valentine's Day storms, and Christmas Storms have seen a combined 130,000 claims.
axa-xl-promotes-declercq-to-head-of-technical-claims-and-exposure-management-for-apac-and-europe
AXA XL promotes Declercq to Head of Technical Claims and Exposure Management for APAC & Europe
April 9 2024
Cedric Declercq has been with the specialty (re)insurer for 12 years.
floods-continue-to-reign-as-asias-top-nat-cat-peril
Floods continue to reign as Asia Pac's top nat cat peril
April 9 2024
Floods were again Asia Pacific's costliest natural catastrophe in 2023, as global protection gap continues to widen.
HualienEarthquake
Taiwan's property insurers poised to maintain stability despite early industry loss estimates up to US$8bn
April 8 2024
Early loss estimates vary from hundreds of millions up to US$8bn, but industry should be well positioned to absorb impact.
perils-second-industry-loss-estimate-for-australias-christmas-storms-rises-to-aud1-547bn
PERILS second industry loss estimate for Australia's Christmas Storms rises to AUD1.547bn
April 3 2024
AU$1.547bn (US$1bn) figure is an increase from PERILS's initial AU$1.395bn loss estimate, reported on Feb 14.
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The Inaugural Recognising excellence in Asia's insurance industry Find out more → Entries close
28 August
Banner for 22nd SIRC: 'Capacity to Capability'—Building resilience through innovation; futuristic city skyline with a glowing highway; Nov 1–5, 2026 at Sands Expo & Convention Centre.