PCRIC makes US$45,000 parametric payout on coral reef cover in Cyclone Rae aftermath
March 11 2025
by Mithun Varkey

MORE FROM: Claims
‘Significant’ claims in the thousands expected from Cyclone Alfred, could add to premium pressure despite downgrade
Impact zone of ‘wide-ranging event’ spans over 500km, covering heavily populated areas between southeast Queensland and parts of northern New South Wales, with over 9,000 claims already lodged.
Japan’s deadly heavy snow likely to lead to property, BI claims with limited exposure
Regional loss adjusters tell IAN that record snowfall in Niigata, Ishikawa and Nagano prefectures, as well as other areas of Japan, has already led to travel delays, car accidents and property damage.
QBE hands Julie Starley permanent role as chief claims officer for Australia Pacific
She had held the role on an interim basis following the departure of Jon Fox at the end of 2024.
New Zealand’s Otago flood insured losses hit US$19.4m, top 2015 floods
Insurance Council of New Zealand data shows 1,920 private insurance claims were made following the deluge which hit at the start of October.