China's insurers have paid or advanced 210m yuan (US$29m) to policyholders as the NFRA orders fast-track claims handling following floods and landslides across six regions.
Premiums for medium-to-high risk homes dropped and quote success rates rose, but lowest-risk areas saw a 31% premium rise driven by broader market forces.
Narelle 2, Fina, and Koji were the season’s largest declared events by estimated ultimate loss, with ARPC citing complex, geographically dispersed impacts.