Natural disaster: Filling the $254bn insurance gap

Christchurch earthquake

The problem of underinsurance has been seen with a number of natural catastrophes recently. Lucia Bevere explains why relying on governments as a last resort is a risky strategy, and what insurers can do to tackle this area.

Natural and man-made catastrophes caused a record $370bn in economic losses in 2011, making it easily the most expensive year ever.

A lot of attention has been given to the ways and means by which the

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60 Seconds With... Foil’s Pete Allchorne

Pete Allchorne, partner at DAC Beachcroft and president of the Forum of Insurance Lawyers, would like to be “Doctorin’ the Tardis”, finds ironing therapeutic, and can be found dancing to “Uptown Funk” by Mark Ronson and Bruno Mars.

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