Recently, a severe hailstorm struck multiple areas in Beijing, with reports of hailstones exceeding 3cm in diameter and causing significant property damage. Ping An P&C, a subsidiary of Ping An Insurance, launched its emergency response plan, coordinating resources across risk control, claims, and product teams. The company mobilized over 2,000 personnel from 38 branch offices for remote support and dispatched 43 claims experts from provinces including Hebei, Shandong, Henan, and Liaoning to assist with disaster response.
To date, the Australian Reinsurance Pool Corporation (ARPC) has received 9,399 cyclone claims, with a total incurred value of A$121m ($77.9m), according to released statistics. The cyclone pool, which ARPC operates, targets support to cyclone-prone areas.
The General Insurance Association of Japan (GIAJ) has released the figures for claims paid out regarding the 2024 Noto Peninsula Earthquake. The earthquake occurred in January 2024.
IAG's Intermediated Insurance Australia (IIA) business announced these new appointments, in alignment with the repositioning of its division to improve responsiveness and uplift service experience:
Canopius has appointed to its APAC leadership team Ms Chiu Channing as regional strategy and transformation lead and Mr Zhang Chen as head of claims, APAC.
Indians in the age group 25-35 are most likely to opt for and use mental health insurance benefits according to a recent analysis by Indian insurance online platform PolicyBazaar.com.
A number of life insurance companies, including PT MSIG Life Insurance Indonesia and PT Asuransi Ciputra Indonesia, recorded an increase in health claim payments in the first quarter of 2025, even though the industry's claim ratio decreased.
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.