Three Typhoons Hit China, Insurers Pay Over RMB 10 Million

Since July, Typhoons Maysak, Bavi, and Krosa have sequentially made landfall in China. Typhoon Krosa, due to its rapid intensification in two days, extreme rainfall, and high risk of secondary disasters, prompted the Central Meteorological Observatory on July 25 to issue its first and highest-level typhoon warning of 2026, a red alert. Facing the typhoon, the insurance industry immediately activated fast-track claims channels, simplifying claims procedures and optimizing processes to ensure prompt and adequate compensation, with reasonable advance payments.

Affected by Typhoon Krosa, Guotai Marine Ranch Development Co. , Ltd. in Shanwei City, Guangdong Province, suffered strong winds exceeding force 10 in offshore waters, causing severe damage to aquaculture facilities and catch. China Pacific Insurance's Shanwei branch activated the fast-track claims channel for marine ranch insurance, optimized case handling procedures, streamlined claims documentation, and efficiently completed loss verification. Within just three hours after the loss verification, the company received an advance insurance payment of 3.87 million yuan.

Typhoon Krosa caused damage to municipal and public facilities in multiple areas including Shanwei and Chaozhou in Guangdong Province. PICC Property and Casualty quickly activated catastrophe insurance plans, completing large-scale advance payments simultaneously in several cities, specifically allocated for road and transport facility repairs and flood prevention supplies. PICC completed a catastrophe insurance payout of 4.35 million yuan in Shanwei; in Chaozhou, weather data thresholds triggered the payout mechanism, and PICC simplified approval procedures to release 625,000 yuan in disaster relief funds. Catastrophe claims processing progressed concurrently in Yangjiang and Dongguan, with payouts to be fully implemented soon. As of 2:00 p. m. on July 26, PICC had received 1,853 claims, with cumulative payouts nearing 10 million yuan, including 6.7 million yuan for catastrophic index and heavy rainfall index insurance.

Local agricultural insurance surveyors went door-to-door in fields to verify crop lodging, shed damage, and flooding conditions, simplifying claims documentation requirements and accelerating loss assessment and payout progress. A construction project in Huizhou suffered severe damage to its steel shed; the client, insured under a construction all risks policy, urgently reported the claim. Ping An Property & Casualty's claims adjuster arrived at the scene within 30 minutes and, before all losses were fully inventoried, proactively paid the client an advance of 100,000 yuan.

In agricultural insurance, Ping An Property & Casualty completed hazard inspections and disaster prevention guidance before the typhoon's formal impact: it conducted field checks in key affected areas, including planting greenhouses and major rice-producing regions, to assess early rice maturity, crop growth, and risks in agricultural facilities; it coordinated with local agricultural specialists to dispatch harvesters for concentrated harvesting during favorable weather windows, and provided on-site guidance to farmers on reinforcing sheds and tightening covers. In auto insurance, China Pacific Insurance's Guangdong branch identified flood-prone areas based on historical risk data, selected 59 parking lots with high ground and dedicated staff as flood-prevention emergency safe parking areas, covering a total area of 220,000 square meters and capable of sheltering over 9,300 vehicles; it also coordinated 989 tow trucks across the province in advance and deployed an additional 30 rescue vehicles from other regions to high-risk areas. In non-auto insurance, PICC's Guangdong branch surveyed 856 warehouse, logistics, retail, wind power, and solar photovoltaic enterprises with property insurance coverage, along with 71 ongoing construction projects, established consistent online and offline inspection standards, and guided enterprises to reinforce workshops, relocate valuable materials, and cut off dangerous power sources.