All Claims articles
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FeaturesCase study: How Marriott Hotels tackled workplace injury spikes in Asia
When Marriott’s Sharon Xu discovered two Asian countries had notably higher employee work injury claims than the rest of the region, she set about investigating why and what could be done to change it.
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AnalysisRisk managers must avoid “off the shelf” insurance as court disputes reach new highs
The latest data shows companies are being forced to court to get insurance claims paid. Here’s how risk managers can avoid getting burnt.
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AnalysisHow SME risk managers can prevent business insurance claims
Danial Cummins, general manager of SafetyCulture Care in Australia, discusses practical tips for SMEs to help reduce their physical risks and improve the safety of their frontline workers.
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NewsCyclone Gabrielle costs insurers $1.5 billion
The catastrophes have disrupted supply chains and tested New Zealand’s resilience
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News2022 global nat cat claims breach $100 billion
Global losses from floods were above average, the main event being flooding in eastern Australia in February-March 2022
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NewsNew Zealand summer flood claims hit NZ$1.65 billion
Floods are the largest weather-related loss in history for New Zealand, prompting a rethink of extreme weather exposures
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NewsGlobal nat cat losses surpassed $313 billion in 2022 - Aon
Flood losses in Australia broke the historical record and monsoonal floods in Pakistan had a far-reaching humanitarian impact
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NewsFood and fuel top global cargo thefts
Thefts from hijacking have fallen as a proportion of cargo theft; these are now second to theft from facilities
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NewsDemand for BII shoots up after COVID test cases
Insurance class to see a period of “growth and stability”, but appetite for pandemic cover remains muted
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NewsEastern Australia floods top 2022 ex-US cat losses for insurers
The floods generated an industry loss of $4.7 billion, while the Fukushima Earthquake caused $3.9 billion in claims - CRESTA
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NewsPERILS pegs Southeast Australia floods at $791m
The floods primarily affected the states of New South Wales, Victoria and Tasmania during October 2022
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NewsPinning down inflation effects
Soaring inflation is creating issues on many levels - but there are things you as a risk manager can do
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NewsPredictive analytics in an era of cascading risks
How effective data integration makes sense of complexity and takes risk management into a new era
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NewsAustralia’s extreme weather burden grows - ICA
Since 2005, Commonwealth expenditure on disaster relief was $24 billion, while spending on disaster resilience was just $500m
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NewsRisk managers should ‘pick recovery over replacement’ to aid sustainability
As sustainable approaches burgeon in importance, risk managers have been urged to focus on recovery measures when disaster hits
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NewsFlood losses ‘material’ for Korean insurers - Fitch
The heavy rainfall caused unprecedented flooding in various parts of Seoul, Gyeonggi Province and Incheon, with the Gangnam area one of the worst hit
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NewsFloods across Asia drive H1 cat losses
Floods in India, China and Bangladesh confirm the growing loss potential from floods in urbanised areas
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NewsAPAC nat cats cost $22 billion in H1 - Munich Re
The loss tally is higher than usual with floods in Australia constituting the costliest disaster at $6.6 billion
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NewsFire/explosion and nat cats remain top drivers of claim severity
Contingent BI claims spike due to broken supply chains, cyber claims remain elevated and inflation will add to claims severity, finds AGCS
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NewsClaims inflation will extend hard market - sigma
Global insurance premiums are set to surpass $7 trillion, with China now the world’s second largest market