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.
Thailand's insurance regulator, the Office of the Insurance Commission (OIC) organised the 1/2025 Consumer Protection and Insurance Participation Committee meeting to clarify the criteria of copayment on the terms and conditions for renewing insurance contracts in the case of policy renewals, chaired by OIC secretary-general Chuchat Pramulpol.
Tropical Cyclone Alfred has left a lasting mark on one of Australia's most popular tourism regions, with extensive sand erosion, damaged beach accessways, and coastal infrastructure destruction along the Gold Coast.
Insurers in Australia had received more than 44,000 claims till 12 March following ex-tropical cyclone Alfred as reported by the Insurance Council of Australia (ICA).
According to a new survey by Compare the Market, 23% of Australian motorists, or approximately one-in-four, have been forced to delay or stop essential car maintenance due to cost-of-living pressures.
A new study has highlighted that individuals aged 25-35 are filing the most insurance claims, with a significant focus on maternity coverage. Women are leading the claims landscape, representing 60% of total claims compared to men's 40%.
South Korea has announced stringent provisions to curb fraud in motor insurance claims and help reduce motor insurance premiums for policyholders.