Insured natural catastrophe losses were $27bn (£18.3bn) in 2015 down from $31bn in 2014 and an average of $34bn over the past 30 years according to reinsurance giant Munich Re.
Overall losses totalled $90bn last year compared to $110bn in 2014 and a thirty year average since 1985 of $130bn. 23,000 people died below the last 30 year average of 54,000 but far more than the...
RSA’s Bill Paton is to step down as claims director for the UK, Western Europe & Middle East at the end of April 2017. He will be succeeded in the role by Zurich's Karl Helgesen, pictured.
A 400% rise in pet insurance fraud means that insurers need to share data over claims, a software company has warned.
In this tech-driven day and age, one of the most striking relics of days gone by is the bordereau system. Although they may be computerised, bordereau reports tend to be about as high-tech as an Excel spreadsheet.