Claims

ASIC warns insurers against ‘short-changing’ homeowners through cash settlements

August 31 2026

The regulator found that cash settlements were often set by a single quote, potentially leaving homeowners to fund the gap if repairs cost more.

IRDAI raps Star Health over portability, claims settlement practices

August 27 2026

The health insurer must review certain portability-related cases from FY2025 and FY2026 and report back to IRDAI within four months.

Urban boulevard with palm trees and a Philippine flag along a busy multilane road in a city setting with high-rise buildings in the distance.

Philippines' non-life premiums rise 10% in H1 as motor insurance drives growth

August 27 2026

The sector remained profitable, with net income rising 44% and assets surpassing PHP400bn (US$6.48bn) even as claims continued to increase.

Large black bulk carrier sailing on calm water with a forested coastline in the distance.”

West P&I-entered MV Ocean Winner sinks off India, 22 crew missing

August 25 2026

The vessel's P&I insurer says it is working with authorities as search efforts continue for 22 missing crew members following the casualty.

Market Lane hires Marsh's Hetti Blackburn for senior casualty claims role

August 25 2026

The Lloyd's coverholder group recruits a former McDonald's legal counsel from Marsh to handle complex liability claims.

Toa Re underwriting profit jumps aided by lower claims, reduced reserves provisions in FY2026

Toa Re underwriting profit jumps aided by lower claims, reduced reserve provisions in FY2025

August 19 2026

Lower volumes in key non-life classes weighed on premiums, while stronger claims performance and lower reserve provisioning boosted the reinsurer's underwriting profit.

Aerial view of a large shopping complex with a partially collapsed building, exposed steel framework, and a debris-filled area nearby.

Japan's Kumamoto earthquake triggers over 40,000 insurance claims

August 18 2026

GIAJ data up to 31 July shows Kumamoto prefecture accounts for 37,620 of the accepted cases.

City skyline with tall modern skyscrapers and a busy road lined with trees in the foreground.

MSIG Singapore records 94% claims settlement ratio in 2025

August 17 2026

The insurer settled 92% of fast-track claims within three days.

A cyclist rides down a urban street lined with colorful storefronts and hanging lanterns across the road at dusk/light traffic.

Singapore life new business premiums rise 28.1% in Q2

August 13 2026

IP and rider new business jumped after April rule changes, while H1 maturity payouts increased sharply

Health insurance claim form with a stethoscope and a stack of Indian ₹2000 notes beside it.

India weighs health insurance, claims reforms as medical costs surge — report

August 13 2026

A panel comprising regulators, insurers, hospitals, and led by the IRDAI chief will submit recommendations by year-end.

Indian 500 rupee notes with a stethoscope on health insurance claim form.

India insurance complaints near 300,000 in FY2026 as claim disputes rise 28%

August 10 2026

Complaints rose 15.4% last financial year and the trend showed little sign of easing in the first quarter of FY2027.

Map of Assam with flood-affected areas highlighted, related to IRDAI flood claims directive.

IRDAI directs insurers to fast-track Assam flood claims

August 6 2026

The floods have affected over 650,000 people and 810 villages across the Indian state, as of 25 July.

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