Environmental liability
Mullins joins Chubb in Australia
Environment consultant Ian Mullins has joined Chubb to become environmental risk underwriter for Australia.
Europe: Can insurers navigate the Arctic waters?
Insurers have traditionally been reluctant to underwrite Arctic shipping: the risks of injuries and pollution have been high and unpredictable.
Volkswagen's coverage questioned as £4.7bn is earmarked for emissions scandal
Volkswagen is unlikely to be able to rely on insurance to protect it from exposure relating to falsified US emission tests in particular diesel models of its vehicles, loss adjuster Cunningham Lindsey anticipates.
Q&A: Andrew Snyder-Beattie: Biological thinking
Advances in biotechnology promise to revolutionise the way we live. Post sat down with Andrew Snyder-Beattie of the Future of Humanity Institute at the Oxford Martin School to find out about the possible risks involved.
Lloyd's issues stark El Nino food supply warning
Lloyd's has commissioned research which shows the potential huge impact an El Nino year could have on the world's food supplies.
Recycling: A smoking gun
The plumes of smoke staining the skyline are often signs that a scrap metal yard or warehouse full of recyclate has caught fire. While it’s a distraction for the bored commuter, this troublesome sector leaves underwriters scratching their heads.
Synthetic Biology: The dark side of DNA
For all the good that synthetic biology could do, concerns persist that in the wrong hands, it could also be a potent weapon.
Ace enhances premises pollution cover for Australia and New Zealand
Insurer Ace has enhanced its premises pollution liability policy for Australia and New Zealand.
Blog: Domestic oil spill claims - getting to know your loss adjuster
When it comes to domestic oil spill claims, loss adjusters can play a pivotal role.
Interview: Stewart Ower: Going with the flow
Chairman of UK Spill Stewart Ower plans to use his tenure to ensure any environmental aspect of a claim is one recognised as early as possible, so proactive intervention can help take control of claims costs
57 flood warnings issued across UK
Environment agencies for the UK have issued a barrage of flood warnings as the country continues to suffer the impact of Storm Rachel.
Environment agencies call for ‘immediate action’ with spate of flood warnings
The Environment Agency and the Scottish Environment Protection Agency have issued a dozen flood warnings across the UK as the country braces for further disruptive weather.
Climate: How does climate change cause food insecurity and conflict?
As weather patterns change and temperatures rise, issues such as climate-induced food insecurity are destined to become an increasingly important driver of conflict and social unrest
C-Suite - Insurer: The features of fracking
The rise of fracking in the UK means significant opportunities for the environmental insurance market
Environment Agency awards £300m flood risk contract
The Environment Agency has awarded a £300m flood risk management contract aimed at protecting £200bn of property to engineering company CH2M Hill.
Flood defence spending ‘insufficient’ says Audit Office
Spending on flood defences is insufficient to meet needs for maintenance according to a report from the National Audit Office.
Europe: Environmental Liability Directive – the polluter pays principle
On 30 April, 2007 the European Directive 2004/35/EC, regarding the prevention and remedying of environmental damage, had to be transposed into local legislation by all European member states.
80% of EU risk managers to buy more multinational cover by 2017
An Ace survey has revealed more than 80% of risk managers at European companies expect to increase their purchases of multinational insurance programmes over the next three years.
Environmental guarantees sought as Costa Concordia prepares for final voyage
France’s environment minister is seeking environmental assurances from her Italian counterpart before giving permission for the Costa Concordia to be towed past the French island of Corsica on its way to Genoa for scrappage.
Q&A - Michael Butt: The impact of climate change
Some 67 insurance and reinsurance chief executives recently signed The Geneva Association’s Climate Risk Statement in Canada. Michael Butt, chairman of Axis and co-chair of the association’s extreme events and climate risk working group, comments on the…
Flood defence funding at 'bare minimum'
Funding for maintaining flood defences is at a "bare minimum" and is the first area to be cut when "budgets are tight", according to the Environment, Food and Rural Affairs Committee.
Arctic: Coming in from the cold
As investment increases in the Arctic, what are the opportunities and risks facing insurers in the area?
China aiming to scrap 11m cars
In an attempt to control pollution, Chinese authorities are trying to eliminate 11m high polluting cars from the roads in the next two years.
Ridesharing: Sharing responsibility
The increasing popularity of ridesharing is creating a range of challenges for insurers – particularly when it comes to liability