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Claims tag returned 113 results

  • A look at COVID-19 BI claims lodged in Asia

    Governments across Asia undertook a range of containment measures, including increased public health advice and monitoring, restrictions to international travel and national lockdowns. In many countries, all companies barring the most essential were ordered to close, and employees instructed to work from home. While brokers and policyholders are looking for clarity on policy coverage in the event of widepread viral infectious disease, few claims have actually been lodged.

    AIRPlus | 13 Oct 2020
  • Insurance brokers can be sued for denied BI claims

    While court cases regarding the denial of pandemic-related business interruption claims by insurers continue globally, insurance brokers can expect to be sued if their clients' claims are denied.

    Asia | 08 Oct 2020
  • Brokers must ensure public liability insurance covers Legionnaires' disease

    The Society of Insurance Broking UK (SIB) has asked insurance brokers to ensure that public liability insurance policies account for Legionnaires' disease.

    Asia Risk | 07 Oct 2020
  • Hong Kong: Finalists of Hong Kong Insurance Awards 2020 revealed

    The Hong Kong Federation of Insurers (HKFI), organisers of the Hong Kong Insurance Awards 2020, yesterday announced the top three finalists for its 16 award categories.

    Asia | 10 Sep 2020
  • Digital eyes shorten insurance claim processing

    Amidst the COVID-19 pandemic, it's not just groceries, but insurance claims too that are being delivered contact-free. Be it collisions or vehicle damage from Nat CAT events, insurance claims have been redefined due to the digital architecture.

    AIRPlus | 09 Sep 2020
  • ILRI launches new drought index insurance for resilience

    International Livestock Research Institute (ILRI) has launched a new drought index-insurance for resilience in the Sahel and Horn of Africa (DIRISHA) project, focusing on pastoral systems in the Intergovernmental Authority on Development region(IGAD), the eight-country trade bloc in Africa.

    Africa | 24 Aug 2020
  • Australia: Insured losses from 2019 bushfires total $1.7bn

    The latest figures from the Insurance Council of Australia (ICA) revealed that last year's bushfires has cost the industry AUD2.4bn ($1.72bn), putting it as the top five most costly disasters in terms of insurance claims.

    Asia | 24 Aug 2020
  • Morocco: Social welfare authority to reimburse COVID-19 medical costs

    The National Fund for Social Welfare Organizations (CNOPS) will reimburse the costs of medical services linked to COVID-19 for the benefit of its insured members, following a decision by the Minister of Economy, Finance and Administration Reform, in consultation with the Supervisory Authority of Insurance and Social Welfare (ACAPS).

    Middle East | 23 Aug 2020
  • Hong Kong: More than $3m paid in travel claims this year

    Insurers in Hong Kong have paid out over $3m for travel insurance claims arising from the COVID-19 crisis, which include benefits such as quarantine cash allowance.

    AIRPlus | 15 Jul 2020
  • Export claims spike in Thailand

    In the first five months of 2020, the number of Export-Import Bank of Thailand's (EXIM Thailand) export insurance clients that have filed documents on foreign buyers' delayed payment has surged by 195%, bringing the total outstanding overdue amount to more than THB617.33m ($20m).

    AIRPlus | 01 Jul 2020

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