CILA - The Chartered Institute of Loss Adjusters

Specialist Interest Group:International

The Benefits of Having Your Reinsurer Involved Early During a Major Claim

The frequency of major and complex claims arising from the Asia-Paci?c region is undoubtedly on the rise. Catastrophic losses, either man-made or from natural calamity, seem to hit the headlines almost every other day, be they the appalling ?oods across South Asia recently, a dreaded tsunami or the prolonged drought in Australia.

Mr Nehemiah Neo, Managing Director, Insight Adjusters Group (Lloyd’s Agents, Singapore & Malaysia) and Asia Regional Director, VRS Universe Adjusters Network LLC, looks at the role of the reinsurer, particularly as such incidents spark off insurance claims of differing quantum and complexity.

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