Claims
Legal Column: Grenfell and the burning urgency for better regulations
Fire regulations are coming under scrutiny after the Grenfell disaster, says Vikki Watt, health & safety partner at BTO.
Blog: Insurers should support replacement of lead pipes
Insurers should fund the replacement of lead pipes, instead of having them repaired, urges Chris Cowen, client relationship manager at Auger, arguing this will cut claims in the long term.
The challenges of Cyclone Debbie
Cyclone Debbie was the costliest natural catastrophe to hit Australia for six years, while the scale of the event spurred innovation among insurers writes Nicky Burridge.
Cunningham Lindsey recruits in Australia and promotes in the Middle East
Global loss adjuster Cunningham Lindsey has hired in New South Wales and made a senior promotion in Dubai.
Reconstruction costs for Harvey could top $40bn
Reconstruction costs form property damaged by Hurricane Harvey could reach $39.6bn, according to Core Logic.
Allianz employees given suspended sentences for leaking customer data to CMCs
Five people, including three Allianz employees who made £7000 from leaking more than 700 pieces of confidential data, have been sentenced for bribery offences.
Harvey expected to be major hurricane as it approaches Texas landfall
Inland flooding, hurricane winds, and life-threatening storm surge poses a severe risk from Hurricane Harvey, according to catastrophe modelling firm AIR Worldwide.
Vnuk ruling could lead to next hunting ground for CMCs, ABI warns
The Association of British Insurers has warned that the Vnuk ruling could lead to the next ‘lucrative hunting ground’ for claims management companies due to the vagueness of implications.
Majority of risk managers unprepared for major claim
Under half of risk managers are prepared for a major claim, a survey has revealed.
Umbria Italy quake loss up 64% to €108m
Estimated insurance industry losses from the earthquake that struck Italy in August last year has been increased by 64% to €108m (£99.4m), according to Perils.
Typhoon Hato kills 10 and costs Hong Kong over HK$4bn
Typhoon Hato has killed 10 people in Hong Kong, Macau and China, injured 121 and will cost Hong Kong at least HK$4bn (£400m) in economic costs.
Allianz Worldwide Care launches AI symptom checker to drive paperless claims process
Allianz Worldwide Care has implemented an Artificial Intelligence-driven symptom checker service into its My Health app to provide customers with a paperless claims process and medical advice.
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.