Property

Over 5,000 insurance claims lodged after South Korea wildfires, assessments ongoing: Report

April 14 2025

Crop loss claims dominate claims following wildfires in Uiseong and Sancheong Counties.

Cyclone Alfred leads to largest number of property claims in RACQ's history

April 8 2025

Insurer's losses estimated up to A$220m (US$133m), with Cyclone Reinsurance Pool expected to cover most of the figure.

axa-working-to-develop-sustainability-linked-insurance-product-to-incentivise-climate-resilience

AXA, Marsh pilot sustainability-linked insurance product to incentivise climate resilience

April 4 2025

New white paper from AXA, Marsh, and Link AM urges more climate resilience and climate mitigation in underwriting models.

Malaysia: Insurers expedite claims, waive requirements after Putra Heights explosion

April 3 2025

The blaze caused by a gas pipeline rupture engulfed a 500-metre stretch, injuring over 300 people.

Australia’s IAG trialling portable Starlink devices to strengthen disaster response

April 2 2025

Tech investment aimed at reducing claims processing delays during catastrophic events.

Insurance losses from ex-TC Alfred and North Queensland floods surpass A$1.2bn

April 2 2025

The ICA reports over 104k claims lodged from the two nat cats so far, with around 95k of those from Alfred.

insurers-on-alert-as-western-queensland-faces-catastrophic-flooding

Insurers ready to deploy resources as Western Queensland hit with worst flooding in 50 years

April 1 2025

More rainfall is forecast, and the ICA is working with government agencies to assess the impact and support recovery efforts.

Fairlight launches in Australia with Lloyd’s-backed insurance policies for medical practices industry

March 31 2025

Market Lane's newest MGA provides tailored liability and property solutions for medical, aged care, and NDIS providers.

7.7 magnitude earthquake causes significant loss of life and infrastructure damage in Myanmar, Thailand

March 29 2025

State of emergency declared in both countries, with epicentre near Sagaing, Myanmar and felt up to 2,000km away.

South Korea battles historic wildfire emergency

March 28 2025

Country facing its worst ever wildfire crisis, with over 20 fires causing 28 fatalities and displacing more than 37,000 residents since 21 March 2025.

hdi-global-reports-record-gwp-for-2023-driven-by-growth-in-apac-markets

HDI Global targets Australian mid-market growth, Southeast Asia expansion in 2025

March 26 2025

HDI's insurance revenue hits EUR 10bn (US$10.79bn) in 2024, with combined ratio improving to 90%.

Arch Insurance Australia raises property insurance capacity

March 26 2025

to A$50m per-situation limit increase reflects commitment to brokers and clients and is effective immediately, says Arch.

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