Aon has appointed to its reinsurance solutions' client services function Ms Ann Field as global head of client experience, Mr David Griffiths as global head of claims strategy and innovation and Mr Steve Clark as global head of claims and client services advocacy for reinsurance solutions.
As of 5 PM on April 13, insurance companies in Beijing had processed a total of 1,278 claims related to wind damage, with an estimated loss amount of CNY13.44m ($1.87m). A total of 268 claims have already been paid out.
The Malaysian takaful industry made significant strides in 2024, making a record payout of MYR10.20bn ($2.31bn) in benefits to certificate holders.
Thailand's insurance regulator, the Office of Insurance Commission (OIC), has been working with the relevant organisations, such as the Insurance Assessors Association and the Thai Loss Surveyors and Assessors Association, to coordinate the system for receiving damage notifications relating to insured buildings.
Non-life insurance companies in Bangladesh have not been able to settle around 68% of the claims submitted in the year 2024. This has resulted in outstanding claims amounting to approximately BDT26,350m ($217m) by the end of the year.
Insurance losses from ex-tropical cyclone Alfred and February's North Queensland floods have exceeded A$1.2bn ($73.5m) according to data released by the Insurance Council of Australia (ICA).
Mr Hiroaki Shirota, chairman of the General Insurance Association of Japan (GIAJ), has released the following statement:
Markel Group has enhanced its wholesale claims service with the appointments of Mr Daniel Thomas as marine technical claims lead, Ms Debbie Larkin as claims manager - energy, liability and terrorism, effective March 31, Ms Natalie Myhill as claims manager - financial institutions (FI) and Ms Rachel Tighe as claims manager - professional indemnity (PI).
Recently, China Life revealed its top 10 insurance claims for 2024.
New analysis released by the Insurance Council of Australia (ICA) shows that motor vehicle theft claims are increasing significantly in some parts of the country, namely Queensland and Victoria.