Claims and losses

China Taiping named as insurer in Hong Kong's Wang Fuk Court tragedy

November 27 2025

The fire has killed at least 94 people, with insurance claims estimated at HK$2.6bn (US$334m), and general property and CAR policies described as "severely underinsured".

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Megaquake risk in Nankai Trough, Tokyo weighs on Japanese non-life and life insurer ratings

November 21 2025

S&P Global Ratings warns that earthquake claims could far exceed those seen after the 2011 Great East Japan Earthquake.

Nepal insurers report over US$25m in claims from October floods and landslides

November 12 2025

The Nepal Insurance Authority said insurers received 734 claims across property, engineering, agriculture, motor and marine lines.

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IOPC Funds approve S$31m in compensation for Marine Honour oil spill

October 22 2025

Claims filed have reached S$72.5m across Singapore and Malaysia following the 2024 oil spill.

Swedish Club flags tougher 2026 hull and machinery renewals amid rising claims, ageing fleets

October 17 2025

Competitive pressure and higher repair costs have left the hull and machinery sector only marginally profitable going into 2026.

Typhoon Matmo leaves hundreds of millions in economic losses across Southeast Asia, Aon reports

October 13 2025

The storm caused devastating flooding in Vietnam and Thailand after making landfall in the Philippines.

Nepal and India post-monsoon flooding kills 84, wipes out US$2.2m in tea exports, Aon reports

October 11 2025

Economic losses from the flooding are estimated in the tens of millions of dollars.

Typhoon Bualoi triggers US$13.5m in insurance payouts across Vietnam

October 8 2025

Insurers in Vietnam have received over 2,200 claims spanning life, property, motor, marine, agriculture, and health cover following Typhoon Bualoi.

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Japanese insurers face US$216m in claims following Kyushu and Yamaguchi rains

October 8 2025

Insurers have received over 34,000 claims as flooding hit homes, cars, and businesses in August.

Insured losses from Super Typhoon Ragasa expected to top tens of millions of dollars, Aon reports

September 29 2025

Dubbed 2025's most powerful storm, Ragasa is expected to generate hundreds of millions of dollars in economic losses across Asia.

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