Claims
Allianz could face £32m bill from Airlander 10
The owner of an experimental zeppelin nicknamed ‘the Flying Bum’ will submit an insurance claim for up to £32m to its insurer Allianz.
This Week in Post: Personal injuries and parenting fails
I felt very smug when my daughter tried on her first pair of slipper socks: she liked them! That meant I wouldn’t need to argue with her to keep her little feet warm – and she wouldn’t risk slipping on wooden floors. What I hadn’t foreseen though was…
Insurers call for tougher rules as government launches home building plan
Insurers have called for tough new building regulations as the government plans to create thousands of new homes a year.
Minster's Shirley Woolham on why robots won't replace lawyers
Artificial intelligence is taking over mundane legal functions but is not killing off lawyers, says Shirley Woolham, chief operating officer at Minster Law.
Take part: 2018 cyber research
For Insurance Post's first research project of 2018, we're delving into the world of cyber.
Industry reacts to proposals on discount rate
The insurance industry has reacted to the Justice Committee’s proposals on discount rate reform.
MPs call for ‘evidence-based’ revision of discount rate
If the government revises the discount rate next year it should carefully consider the impact on the disadvantaged, a Parliamentary committee has warned.
German D&O market marked by insured v insured claims
Ulrich Schaller, portfolio manager, financial & specialty markets, at QBE Insurance (Europe), explains the specificities of the German D&O market.
Roundtable: Modernising the London market
For years, Lloyd’s of London has been grappling with the challenges of modernisation. As businesses within the London market come under increasing competition and margins are challenged, both Lloyd’s and the wider market are focusing greater energies on…
Controversial motorcyclist injury claim ‘could spark more lawsuits’
A man who knocked down and killed a pedestrian was able to claim injury compensation from the victim’s motor insurance policy in a landmark legal case.
Lloyd’s pays $1.7bn for Harvey, Irma and Maria
The Lloyd’s market has paid claims worth $1.7bn in response to windstorms Harvey, Irma and Maria.
Interview: Daniel Schreiber, Lemonade
Lemonade CEO Daniel Schreiber talks about the expansion plans of the US-based start-up that uses artificial intelligence to validate claims and donates profits to charities.
Blog: ‘Keeping mum’, a barrier to consolidating data intel
Insurers want to keep their competitive advantage but should share their expertise to combat fraud, says Lior Koskas, managing director of Digilog UK.
Ophelia to cost industry €60m, says Perils
Catastrophe loss analysts Perils has pegged the market loss for Ex-Hurricane Ophelia which battered the coast of Ireland, at €60m.
Legal Column: Huge changes ahead for PI claims in Scotland
The Civil Litigation Bill going through the Scottish Parliament could have a huge impact on personal injury claims, explains Kate Donachie, associate at Brodies.
Bali airport closed as volcano alert is raised to highest level
Thousands of holidaymakers are stranded on the Indonesian island of Bali today as the authorities closed the only airport.
Boss of nuisance call CMC given seven year ban from starting new companies
The boss of a claims management company that made 6.4 million automated calls has been banned from acting as a director for seven years.
Burglary victim sentenced after ‘grossly exaggerating’ claim
A man who “grossly exaggerated” his burglary claim to insurers to the tune of £40,000 has been handed a nine month suspended sentence.
Week in Post: All hail Captain Side Parting
This year’s Budget was rewarding for many reasons: a freeze on insurance premium tax, an increase in research funding for driverless cars, and a dig at Jeremy Clarkson.
Post Claims Club: Industry poised for increased technology integration in 2018
The claims space in 2018 could see a further rise in the integration of Artificial Intelligence and an increase in cyber risks, according to senior industry heads.
Sector must tackle rising escape of water claims, warns ABI
Tackling the rising costs of escape of water claims must be the “number one priority” for the domestic property insurance market, the Association of British Insurers has said.
Home premiums on the up as repair costs and fraud escalates
Home insurance premiums are soaring as rising inflation increases the cost of claims while fraud escalates, according to research findings.
Cost of natural disasters to more than double in Australia by 2050, says study
A comprehensive study has suggested Australia's natural disaster costs are going to become a lot worse in the future.
H2 nat cats set to push up P&C pricing, says Swiss Re
Prices in non-life insurance and reinsurance are expected to increase as a result of the recent nat cat activity across the Atlantic, Swiss Re has said.