Podcast: How climate change is transforming insurance

Flood Re’s Laura Evans, LexisNexis Risk Solutions’ Heikki Vesanto, Woodgate & Clark’s Glyn Brookes-Humphrey together with Insurance Post’s Scott McGee

Climate change means the areas impacted by subsidence will double by 2050, and double again by 2080, Heikki Vesanto, manager for GIS data science at LexisNexis Risk Solutions, has warned.

In the latest Insurance Post Podcast, Vesanto said 6% of properties in Great Britain are at risk of subsidence, but that is going to increase to about 20% by 2080.

£2.5bn

In France, the

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Pace of motor insurance inflation starts to slow

Data analysis: While comprehensive car insurance premiums increased sharply by 58% (£366) during 2023, Emma Ann Hughes examines how the latest data suggests drivers will not face as big a bumph in the cost of cover this year.

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