Claims
Swiss Re expecting $900m hit from Superstorm Sandy
Swiss Re is expecting its claims burden from Hurricane Sandy to be around $900m, net of retrocession and before tax.
Floods hit southeast as storms move north
Around 816 homes were flooded and two people died over the weekend after the country was hit with a deluge of rain.
'Flood insurance talks with government have broken down,' admits ABI
The Association of British Insurers has confessed that talks with government on reaching a joint solution on long term affordable flood insurance have broken down, describing the situation as “impasse”.
Sandy to cost Swiss Re $900m
Swiss Re has estimated that its claims burden from superstorm Sandy will cost $900m, net of retrocession and before tax.
GAB Robins receives claims from Wales after overnight flooding
GAB Robins has received several weather-related claims from north wales and south west England as the stormy weather continues to batter the country.
Five suspected insurance fraudsters arrested in Sunderland
Northumbria Police have arrested five suspected insurance fraudsters after a search at an accident management company in Sunderland.
Aviva warns on storm forecast
Storms and flooding are set to continue into the weekend across the UK, Aviva has warned, with the south west and Wales bearing much of the brunt.
Chubb named Underwriting Service Awards Team of the Year
LV and QBE scooped two awards each at Post's third annual Underwriting Service Awards last night, beating Hiscox, RSA and Allianz.
Weather claims rise for Crawford
Crawford & Company has seen a 27% rise in claims numbers after flooding in the south of England.
Robotics and home working to be future face of SMEs
A business revolution is to change the landscape for small and medium enterprises over the next 50 years, according to new research from Zurich.
Environment Agency issues 86 flood warnings
The Environment Agency issued 86 flood warnings today after torrential rain flooded the south of England.
FUEDI and CILA to demand IMD II clarity from Europe
The Chartered Institute of Loss Adjusters is becoming increasingly frustrated at being left in the dark as to how the "light touch" Insurance Mediation Directive will affect its members.
Markerstudy due to complete twin acquistions
Gibraltan underwriter Markerstudy is hoping to complete two purchases by the start of December.
Cautious optimism for Hong Kong’s insurance market
With the Hong Kong insurance market continuing to grow rapidly you would expect insurers to be optimistic about the prospects for the market. This optimism is not unbridled, however.
DAC Beachcroft adds partner to Glasgow practice
DAC Beachcroft Scotland has appointed John McGovern as a partner in its Glasgow office.
Supreme Court abuse case sets legal precedent
A Supreme Court ruling which found that it was fair, just and reasonable for the Institute of the Brothers of the Christian Schools to share vicarious liability for abuse committed by its brothers has "far-reaching" implications for the insurance…
Flood-hit South West homeowners warned to 'remain vigilant'
The Environment Agency is urging homeowners to "remain vigilant" after putting more than 80 flood warnings in place throughout England and Wales.
Xchanging exec Brace to join Catlin as group claims director
Catlin Group has revealed that Xchanging Claims Services executive director Glenn Brace will join the international speciality insurer early next year as group claims director.
'Crash for crash' gangs increasingly target rural drivers
Rural insurer NFU Mutual has warned that motorists in rural communities are increasingly becoming targets for 'crash for cash' fraudsters.
'Crash for cash' costs policyholders £400m each year
One in 12 people would consider taking part in a 'crash for cash' scam, costing policyholders almost £400m each year, according to a report published today by the Insurance Fraud Bureau.
Your say: McLarens clarification
While congratulating McLarens on its recent name change, I feel it is important to point out that, contrary to the misleading implication in the timeline included in the article, there is no business relationship whatsoever between the company now…
Loss Adjusting Awards 2012: The winners
The inaugural Loss Adjusting Awards were held at the Royal Garden Hotel, London with more than 200 claims professionals in attendance.
Insurers attack disparity in recoverable costs
Insurers have criticised the Ministry of Justice's proposal to impose higher fixed-rate recoverable costs for claims relating to employers' and public liability than for motor.
Credit hirers to access insurance database under GTA portal plans
Credit hirers could be given access to the Motor Insurance Database under plans to create a portal for third-party vehicle replacement services.