Claims
Perils pegs Storm Thomas loss estimated at €249m
Perils has pegged insurance and reinsurance industry losses for Storm Thomas at €249m (£229m).
Blog: If Hurricane Andrew II hit Miami today
If a hurricane the strength of Andrew tracked through Miami today, losses would likely exceed $200bn ($155bn), almost twice what the insurance industry is prepared for, warns Karen Clark, co-founder of Karen Clark & Company.
Analysis: Aviation insurers prove adaptable
Insurers are adapting to aviation's latest trends, despite low premiums.
Hong Kong Observatory hoists typhoon signal 10 as Hato hits
The Hong Kong Observatory has raised typhoon signal 10, increased from signal 9 earlier, as of 9:10am this morning as powerful Typhoon Hato hits the Special Administrative Region.
The cost of Hong Kong's typhoons
A typhoon signal 8 warning can cost Hong Kong's economy as much as HK$4.29bn (£427m) each day writes Swiss Re Corporate Solutions head of north Asia and Hong Kong branch manager Dylan Bryant.
Validus adds RSA to its subrogation community
RSA has become the latest insurer to sign up to Validus' Verify portal.
More than half of insurers now use My Licence
With 52% of insurers using My Licence, the Motor Insurers' Bureau hit its adoption target for the platform in Q2.
Airmic's John Ludlow on the success of the Insurance Act
John Ludlow, CEO of the Association of Insurance and Risk Managers, looks at the successes and failures of the Insurance Act, which came into force a year ago.
Liberian oil tanker collides with US navy ship near Singapore
A large Liberian oil vessel, Alnic MC, has collided with a US guided missile destroyer, the USS John S. McCain, near Singapore early this morning while it was still dark.
Admiral reports slight rise in pre-tax profit despite Ogden impact
Admiral has reported a slight jump in its pre-tax profit during the first half of 2017, despite an earlier hit to profits of £150m from the Ogden rate change.
Analysis: Business interruption - Trigger warning
As cyber and terror risks trigger new types of business interruption, insurers are becoming the go-to resource for expertise.
Towergate to roll out food safety compliance tech
Towergate Insurance has partnered up with technology provider, Checkit, in order to reduce business premiums and the risk of liability for food companies.
BGL's Julia Walker-Smith on pooling intelligence and using data science to combat fraud
The insurance industry needs to share information about known fraud to prevent multiple teams from duplicating the same work, according to Julia Walker-Smith, associate director of fraud at BGL Group.
Legal Update: The Legacy of the Grenfell Tower Fire
Following the Grenfell disaster earlier this year Hill Dickinson partner Jonathan Anslow believes there is likely to be an influx of claims arising from the design, specification and installation of cladding systems.
Davies Group acquires Claims Management Services Limited
Davies Group has acquired specialty casualty claims third party administrator, Claims Management Services Limited
TT Club to provide insurance cover for 'Uber-style' freight service
TT Club is set to provide insurance cover for Russian freight start-up Deliver in order to implement an ‘Uber-style’ service to its customers.
Fraudster sentenced after making 13 fraudulent claims worth £12,069
A fraudster has been handed an eight month suspended sentence and a compensation order of £2000 after making 13 fraudulent claims totalling £12,069.
This week in Post: M&A, Ogden misery and the Mobot
With London hosting the World Championships there has been a sports buzz about the city this week.
A-Plan's Carl Shuker on how to deserve customer trust
Insurers could create a panel of customer advocates to rebuild trust, recommends Carl Shuker, CEO of A-Plan Insurance.
Blog: Insurers must pursue exaggerated claims
A recent prison sentence for a claimant who exaggerated injuries, is proof that compensators should pursue this kind of fraud vigorously, writes Kieran Jones, partner at Weightmans.
ERS sees profits plummet 280% from Ogden hit
ERS has seen a 280% fall in profits as the company suffered a hit from Ogden.
Charles Taylor acquires Criterion for £13.1m
Charles Taylor has bought specialist loss adjuster Criterion Adjusters for up to £13.1m.
Ping An launches emergency initiative after deadly Sichuan earthquake
Chinese insurance giant Ping An is waiving premiums and fast tracking claims following a deadly magnitude 6.6 earthquake in Jiuzhaigou, Sichuan during peak tourist season this week.
Ageas faces further Ogden hit of up to €15m in second half
Ageas will see a further hit of up to €15m (£13.5m) in the second half of the year from the Ogden rate change.