Flooding
Interview - Stefano Tranquillo: Sticking to the principle
FM Global's Stefano Tranquillo may have a diverse background but, he tells Lynn Rouse, the company has achieved first-class underwriting results using a risk management model that has changed little in the 175 years since it was founded.
Hurricane Alex losses of $200m predicted
Catastrophe risk modeling firm AIR Worldwide estimates that insurable losses (losses from properties that are eligible for insurance, whether or not they are actually insured) from Hurricane Alex are not expected to exceed $200m.
Penny Black’s insurance week
Remember Big Brother? Penny was taken aback to discover the series is still trundling through its final series and drawing in big enough viewing figures for Go Compare to choose a slot in tomorrow’s eviction night extravaganza as the place to launch its…
Flood service formed
Three insurance repair and renovation companies, with combined annual sales in excess of £100m, have formed a new national flood mitigation and drying service with an integrated building contracting operation.
EA calls for flood funding
The Environment Agency is calling for communities and businesses to contribute more towards the funding of future flood defences.
Environment Agency appeals to business to support flood defences
The Environment Agency is calling for communities and businesses to contribute more towards the funding of future flood defences.
Environmental liability: Grasping the impact
Despite it providing the potential for conflict, Mike Marston asks why brokers have failed to fully understand the implications of the Environmental Damage (Prevention and Remediation) Regulations 2009.
Interview - Gary Duggan: Creating a difference
With insurance one of the key strategic priorities for Barclays Bank, Amy Ellis talks to its managing director, insurance & investments, banking Gary Duggan about his plans.
Guy Carpenter launches French flood map
Guy Carpenter has completed the development of a state-of-the-art probabilistic flood model for mainland France.
NIG mapping tool
NIG has rolled out a new geospatial mapping tool covering the whole of the UK including Northern Ireland.
NIG launches mapping tool
NIG has rolled-out a new geospatial mapping tool covering the whole of the UK including Northern Ireland.
Career Development & CSR news: National Flood School BDMA accreditation
The National Flood School has been appointed a licensed training centre by the British Damage Management Association.
Willis chair: risk models can help alleviate poverty
The scientific models used by the insurance industry to assess the financial risks of extreme weather events could help governments and aid agencies develop new approaches for sustainable development and poverty alleviation, according to Rowan Douglas,…
Bangladesh, Indonesia and Iran top natural disaster ranking
Bangladesh, Indonesia and Iran have been rated as the nations most at risk from extreme weather and geophysical events according to a new study ranking 229 countries on their vulnerability to natural disasters.
Towergate boss keen on flood pool plan
Towergate executive chairman Peter Cullum has called on the new government to provide underwriting capacity for properties built on flood plains.
Coalition government to back Pitt Review recommendations
The coalition government has confirmed it will follow through with recommendations proposed in The Pitt Review: Lessons learned from the 2007 floods.
Allianz CEO bemoans commercial rate inactivity as profits dip 10.7%
Allianz reported gross written premium was up 4.4% to £411.3m (2009 Q1: £393.8m) over same period in 2009.
Lib Dem set for climate change role in Cameron's cabinet
Liberal Democrat MP Chris Huhne is poised to become energy and climate change secretary, according to reports.
Public sector - emerging risks: Built for endurance
With sustainability now a buzzword for central and local governments, Jo Hardcastle looks at the emerging associated risks it brings.
Fortis UK CEO pleased with lot despite £1.8m Q1 net loss
Fortis UK this morning reported non-life and life premiums increased by 18.4 per cent to £234.9m (Q1 2009: £198.4m) in the first quarter of 2010.
ABI welcomes Biba to flood working group
The Association of British Insurers has welcomed the prospect of working with the British Insurance Brokers' Association to deal with major flood events.
Property claims - Conference news: Council leader praises trade bodies over Cockermouth
Allan Haile, assistant director of economic development at Cumbria County Council, praised the collective support of the Association of British Insurers and the Chartered Institute of Loss Adjusters during the Cockermouth floods in November 2009.
Property claims - Conference news: Flood research facility is mooted by working group
Tim Humphreys, policy adviser at the Association of British Insurers, explained that an industry working group has begun exploring the possibility of setting up a Thatcham-style organisation to study flood damage.
Property claims - Conference news: Insurers insist ABI surge plan "fraught with danger"
Insurers have voiced concerns that the Association of British Insurers' idea for a surge plan in response to events such as widespread flooding is "fraught with danger".