26th November 2013
To-date our Phillippine Office have received some 300 property cases and a few marine cargo losses.
Some 50% of these losses are residential with the rest being those of SMEs and of branch operations of banks and large public listed companies.
Our Phillippine colleagues are coping reasonably well with the situation. As such, overseas reinforcement placed on stand-by for the last one week has just been advised to stand-down, but they will of course be re-activated should the situation ever change.
Manila, Philippines, 12th November 2013
Super Typhoon “Yolanda” (international name: Haiyan), one of the most powerful typhoons ever recorded, slammed into the Philippines on Friday 8 November, with maximum sustained winds of 235 kph, gusting to 275 kph, comparable to a strong category 4 hurricane in the US, and nearly at the top category of 5.
The typhoon barrelled through six central Philippine islands. The first landfall happened in Guiuan town of Eastern Samar at 4:40am on Friday Nov 8, 2013. The second occurred in Tolosa Town of Leyte at 7am, while the third landfall was in Daang Bantayan in Cebu at 10am. Yolanda made its fourth landfall in Bantayan Island, also in Cebu, at 10:40am and the fifth in Concepcion town in Iloilo at 12 noon. Yolanda also passed through Boracay island of Aklan, Semirara of Antique, and San Jose of Mindoro before it made its 6th landfall in Busuanga, Palawan around 8pm.
Typhoon Yolanda has affected more than four million people across 36 provinces. Many of the worst hit areas remain cut off from communications, with power and telephone networks destroyed, buildings collapsed, houses flattened, storm surges and landslides. One of the worst hit areas was Tacloban, the capital city of Leyte, and the whole provinces of Samar and Leyte were devastated, with raised fears of mass casualties. A local reporter who witnessed the storm surge in Tacloban said it was similar to the tsunami in Japan. The sea engulfed Tacloban, a major part of the city is surrounded on three sides by water between Leyte and Samar Islands.
At 6 a.m. on Sunday, November 10th 2013, the NDRRMC’s (National Disaster Risk Reduction Management Council) reported that Yolanda had affected 982,252 families or 4,459,468 people in 1,741 villages in 343 towns and 39 cities in 36 provinces. Of these, 86,513 families or 403,503 people are currently housed in 1,425 evacuation centers. The number of fatalities already exceeds 1,000 and number is expected to increase as more details of the destruction in affected areas become known.
Power and communication restoration work is still ongoing in parts of Southern Luzon, Bicol, Visayas, and Region 13. The full extent of the disaster will only be known when communication with all regions has been restored.
The vrs Insight offices in Manila, Cebu and Davao were immediately placed on CAT alert and they have been receiving requests for assistance on potential claims since Saturday, 9th November. Where conditions allow, the adjusters of vrs BA Insight International are already in the field in the different cities of Central Visayas.
As of today, whilst international and local insurers are still collating their risk exposure, vrs BA Insight are fully prepared to assist insurers with their claims.
Regional CAT Team Leader:
Nehemiah Neo: email@example.com / +65 9818 7238
BA Insight CAT Coordination:
Ms Jeanette Malaluan: +63 9175 2591 68
Regalio Serrano: +63 9177 9546 34
vrs Global CAT Response
Supplementing in-depth local knowledge, key personnel from around the world form the core of the vrs adjusters Global CAT Response Team. While local offices are well placed to deal with instructions from their own markets, the Team coordinates additional resources as required by insurers and multi-national corporate clients. This service is available to insurers and re-insurers alike, for whom we can act either as primary loss handlers or to protect other interests
The vrs adjusters Global CAT Response Team is headed by Mike Weatherhead and five regional team leaders, supported by 40 highly skilled international adjusters particularly experienced in handling corporate claims for a broad range of multi-nationals. All have worked on a ‘home-foreign’ basis, co-ordinating the handling of losses abroad and using local adjusters where the value of a loss does not warrant the ‘home-foreign’ approach.
Such methodology ensures that service levels are maintained and loss levels managed, with all significant losses in the safe hands of experienced adjusters.
Global CAT Leader:
Mike Weatherhead: firstname.lastname@example.org / +44 7850 200 244