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Emerging risks | Growth Opportunities | APAC Insurance

(Re)in Asia logo
Wednesday, October 28, 2026

Claims and losses

insurance-impact-of-japans-noto-peninsula-earthquake-likely-to-be-small-fitch-ratings
Insurance impact of Japan's Noto Peninsula earthquake likely to be 'small': Fitch
January 10 2024
Estimated losses are small compared to 2011's Great East Japan Earthquake, with Fitch echoing announcements from Moody's and AM Best that the credit impact on non-life insurers should be manageable.
japan-new-year-earthquake-insured-losses-estimated-at-us6-4bn
Verisk: industry property losses from Noto Earthquake may hit US$3.3bn
January 9 2024
Verisk's initial data analysis predicts losses between US$1.8bn and US$3.3bn, which does not account for non-property or indirect losses.
japan-new-year-earthquake-insured-losses-estimated-at-us6-4bn
Japan New Year earthquake insured losses estimated at US$6.4bn
January 5 2024
Despite losses, Moody's Japan and AM Best say credit impact on Japanese insurers will be manageable.
iag-ups-reinsurance-placement-for-2024
IAG ups reinsurance placement for 2024
January 5 2024
"Global reinsurance markets have stabilised during 2023, allowing IAG to purchase greater reinsurance protection" says IAG CFO, William McDonnell
aig-leads-us130m-insurance-policy-for-japan-airlines-aircraft-involved-in-haneda-crash-report
AIG leads US$130m insurance policy for Japan Airlines aircraft involved in Haneda crash: Report
January 4 2024
Post-landing collision with Coast Guard turboprop resulted in five deaths and first-ever hull loss for an A350.
Aussie Christmas storm claims surge to nearly 38k as ICA extends cat declaration
Aussie Christmas storm claims surge to 38k as ICA extends cat declaration
January 3 2024
Council extends insurance catastrophe declaration to cover East Coast storms, rain, and flooding in the New Year.
2023-the-year-in-review
2023: The year in review
December 31 2023
Rates, climate risks, and technology highlight a transformative year as Asian markets, notably China and India, draw global attention for (re)insurance growth.
gold-coast-bears-brunt-as-ica-declares-insurance-catastrophe-for-christmas-storms
Gold Coast bears brunt as ICA declares 'Insurance Catastrophe' for Christmas storms
December 29 2023
QLD, NSW, and VIC claims surge past 18,000 with Gold Coast accounting for over 10,000.
australia-battered-by-severe-christmas-storms
Australia battered by severe Christmas Storms
December 27 2023
QLD, NSW and VIC hit by flash floods, hailstorms, and strong winds as ICA declares 'Significant Event'.
insurance-council-of-australia-declares-tropical-cyclone-jasper-a-significant-event
Cyclone Jasper: Over 3,800 claims lodged as ICA upgrades event to 'Insurance catastrophe'
December 21 2023
The ICA has classified ex-tropical Cyclone Jasper as an Insurance Catastrophe to fast-track support for thousands in Far North Queensland, with assessors and claims specialists already deployed.
loss-in-chinas-gansu-earthquake-estimated-at-1-7m-nafr
China’s Gansu earthquake losses estimated at $1.7m so far: NFRA
December 20 2023
131 dead, 155 thousand homes damaged or destroyed in China's deadliest earthquake in nine years.
sp-insurers-well-placed-to-meet-cyclone-jasper-and-ongoing-queensland-floods-claims
S&P: Insurers well placed to meet Cyclone Jasper and Queensland floods claims
December 20 2023
Claims low due to regional demographics, but coverage by reinsurance pool likely to be limited due to time limitations.
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