Analysis: How far has the insurance industry evolved to respond to natural catastrophes?

Hurricane

Sedgwick loss adjusters arrived on Great Abaco Island in the wake of Hurricane Dorian aboard a Black Hawk helicopter on 6 September.

Between the preceding Sunday and Tuesday, Dorian had wreaked destruction in the Abaco Islands and their northern Bahamian neighbour, Grand Bahama.

When it made its first landfall in the Abacos, it

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Building Back Better at Chelsea Flower Show

Flood Re’s Build Back Better scheme is being used to not only fund internal flood resilience changes but also adaptations to outside space and gardens in the quest to stop and reduce flood waters entering properties, explains Stephen Linklater, claims director of Ageas.

Insurers face margin crush unless premiums are hiked

Data analysis: A sustainable margin recovery looks increasingly challenging for insurers with premiums needing to increase in real terms to prevent any erosion after a tripling of costs to 10.9% of premiums last year from 3.5% in 2022.

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