Perils extends to Norway and Sweden

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Catastrophe data provider Perils has extended its market coverage to include Norway and Sweden so all areas that could be hit by a European windstorm are covered.

Perils collects sums insured and post-event loss data from primary insurers across Europe for windstorm risk. The collected data enables Perils to produce independent and objective estimates of market

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ABI insists fire safety scheme is temporary

Mervyn Skeet, the Association of British Insurers’ director of general insurance, has outlined how the trade body will ensure the Fire Safety Reinsurance Scheme will only last three to five years, and how it will should end criticism of brokers earning commission for arranging cover.

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