Quake-ing in their boots

The San Francisco earthquake of 1906 was a disaster that made the insurance industry assess how it could insure against nature. Marcus Alcock explains how catastrophe modelling has become a common tool

Despite recent natural catastrophes in the Americas and South-east Asia, one event from history stands out as the disaster whose economic consequences were so far reaching it fundamentally changed the

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ABI insists fire safety scheme is temporary

Mervyn Skeet, the Association of British Insurers’ director of general insurance, has outlined how the trade body will ensure the Fire Safety Reinsurance Scheme will only last three to five years, and how it will should end criticism of brokers earning commission for arranging cover.

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