Claims and losses

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Victorian bushfires: insurers log 1,386 claims

January 13 2026

Early estimates indicate that 30% of all property claims are considered total losses.

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Suncorp faces A$1.3bn natural hazard toll in 1H26 following destructive weather events

January 13 2026

The projection was estimated against a full-year natural hazard allowance of A$1.77bn for FY26.

PERILS publishes initial insured loss estimate of AU$2.66bn for November 2025 Queensland and NSW storms

January 8 2026

The storm was the second in a month to cause more than AU$1bn (US$670m) in insured losses in Australia.

CPIC completes China's first payout for seed production insurance

January 5 2026

The insurer’s new product aims to address risks faced by seed breeders, using rice kernel rate as its payout trigger.

Insurance payouts top HK$250m following Wang Fuk Court blaze

December 22 2025

General insurers have paid out about HK$204m so far, while life insurers have settled HK$41.5m in claims.

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RACQ losses from Queensland storms could blow past budget and hit IAG earnings — Citi

December 16 2025

IAG, which bought RACQ's book for A$855m in September, faces added pressure from October storms.

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Australia's GI code committee flags industry progress, but gaps remain in external expert oversight

December 11 2025

The follow-up report said eight insurers now prevent external experts from recommending claim outcomes.

Coupang data breach exposes Korea's mandatory cyber insurance gap with Meritz policy capped at US$682k

December 9 2025

The breach exposed personal data from 33.7 million accounts, leaving Coupang facing potential compensation claims of trillions of KRW, far exceeding the insurance policy’s limit.

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12,000 insurance policies tied to Tai Po fire as regulator ramps up claims support

December 8 2025

Regulator says claims figures still in flux as industry mobilises response to Hong Kong's deadliest blaze in decades.

China Taiping Hong Kong’s reinsurance arrangements, capital buffers to absorb Wang Fuk Court losses — AM Best

December 5 2025

AM Best has affirmed the insurer’s ratings, noting the net retained loss is expected to be manageable.

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Taiping Re, China Re, Qianhai Re identified among reinsurers behind Hong Kong's Tai Po fire

December 4 2025

China Taiping finds itself on both sides of the claims ledger following Hong Kong's deadly Tai Po fire, with its reinsurance subsidiary among three confirmed reinsurers backing the group's primary insurance...

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7600 life, 1100 property policies linked to Wang Fuk Court residents, says HKIA, as first payouts begin

December 4 2025

China Taiping says it has paid HK$5.37m (US$690k) in the first wave of compensation to residents.

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25 September