Indian Premier League insurance claims surge due to rain and injuries – report

Insurers facing claims up to 1.5bn rupees (US$18m) for cricket tournament, with largest spike in five years likely to lead to rate hikes next year.

Editorial team

May 23, 2024

•

2 min read

MEMBERS ONLY

Continue reading with a free account.

Get access to in-depth analysis, breaking news, and exclusive features across APAC insurance.

• Free daily briefing in your inbox each morning

• 7-day trial of premium intelligence

• No credit card required

Existing user?

Sign in here

Read next

APAC insurers see AI efficiency gains, but ROI remains hard to prove

July 1 2026

AI’s payback period may be longer than expected, as costs, timelines and benefits remain difficult to separate and quantify, industry experts said at ITC Asia.

Abstract blue network: glowing nodes connected by thin lines on a dark surface, representing a digital interconnected system.

Data centres, supply-chain shifts drive APAC demand for multinational insurance programmes

June 30 2026

As demand for multinational programmes grows, insurers say compliance and execution will define programme success.

Bustling pedestrian street in a historic Chinese town, with red lanterns hanging between wooden shops.

China claims pressure eases further in April as premium growth moderates

June 29 2026

Life claims declined sharply by more than 12%, while non-life payouts stabilised, highlighting diverging underwriting conditions across segments.

chinas-insurance-sector-posts-6-2-premium-growth-in-q1-2026

Participating policies gain favour among Chinese P&C insurers as low-yield pressures mount

June 26 2026

Insurers across China, Taiwan and South Korea are bolstering capital buffers and refining investment strategies as low rates and volatility strain traditional earnings models.