Claims and losses

Fallen tree blocking a city street after a typhoon in China, causing disruption.

China insurers field 380,000 claims as July typhoon, flood claims approach US$1bn

July 17 2026

The figures cover losses from typhoons Maysak and Bavi and wider July flooding, with insurers having already advanced CNY2.89bn (US$427m) to policyholders across Zhejiang, Guangxi and Hubei.

Sydney skyline and Bondi Beach during a sunny day in Australia.

Australia cyclone pool expands as insurer participation rises in home and SME

July 16 2026

Higher insured values pushed up home and strata premiums, while cyclone risk pricing remained broadly stable across the pool.

Satellite image of a large hurricane swirling over the western Pacific near the Philippines and East Asia.

Typhoon Bavi: Zhejiang-based insurers pay US$11m as claims mount

July 16 2026

Ping An’s claim count surged more than fivefold in two days as insurers continued assessing losses from the storm.

Riverside village with wooden stilt houses along a muddy brown river under a cloudy sky, with green trees in the background.

Asia nat cat insured losses ease in H1 2026, but cyclone risk clouds outlook — Gallagher Re

July 15 2026

Asia recorded its lowest first-half insured catastrophe losses since 2017, but more than US$6bn in flood-driven economic losses in China underscored the region's significant protection gap.

perils-pegs-initial-insurance-loss-from-victoria-bushfires-in-january-at-a786m

PERILS raises January Victoria bushfire insurance loss estimate to A$860m

July 14 2026

The latest estimate is up from A$810m (US$570.6m) in April.

Charred cafeteria interior with ruined tables and stools; search-and-rescue workers in orange vests inspecting the scene.

Dhipaya identified as lead insurer in deadly Bangkok pub fire

July 14 2026

The venue was insured under a fire policy with total coverage of THB40m (US$1.19m).

Close-up of a political map focusing on China and surrounding countries, with India to the southwest.

Typhoon Bavi triggers 6,000 early claims as Zhejiang begins recovery

July 13 2026

China's insurers are processing thousands of claims following Typhoon Bavi's landfalls in Zhejiang, with Ping An, PICC and China Pacific reporting early losses and payouts.

Map showing China in yellow surrounded by neighboring countries in pink and purple, including India, Mongolia, Korea, and Japan on a globe-like projection

China's July floods drive 320,000 claims, US$323m in payouts so far

July 10 2026

Reservoir breaches from Typhoon Maysak drove much of the loss, with insurers bracing for more as Typhoon Bavi approaches.

Map of China with a small Chinese flag pinned to mark a location on the country outline and surrounding regions nearby in orange and blue seas.

China's insurers fast-track claims after deadly Guangxi floods, Hubei tornadoes

July 10 2026

Ping An P&C alone has reported more than 10,000 claims worth an estimated CNY110m (US$16.17m).

Wide field of blue solar panels arranged in neat rows across a sunny landscape, capturing solar energy.

Targeted climate resilience investment could cut renewable losses by US$28bn in India – Zurich Kotak

June 26 2026

Quantifying resilience benefits may unlock capital while reducing climate-driven losses, the insurer said.

Victoria drives rise in Australia's motor theft claims as insurance losses hit A$243m

June 4 2026

National theft claims would have fallen 10% in 2025 without Victoria's surge, ICA data shows.

Middle East conflict losses ‘manageable’ for specialty P&C insurers – Morningstar

May 29 2026

Demand is rising for political risk, trade credit and energy cover, while a prolonged Hormuz disruption could still push up losses.

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