Environmental liability
Post Europe: Environmental damage - who pays?
Now that the Hungarian toxic spill is no longer making headline news, what are the longer-term implications of this environmental catastrophe? Tony Lennon looks at the potential ramifications that this recent environmental disaster will have on the…
Cunningham Lindsey strengthens environmental team
Cunningham Lindsey has promoted liability specialist Graham Hawkins to lead its environmental solutions team.
Insurance Insight November: Exclusive online content now live
Insurance Insight November is now live with a review of the Polish general insurance market, and a close look at changes to supervisory authorities due to be enforced next year in the EU, as well as our regular View From the Top slot this month on…
Post Europe November: Exclusive online content now live
Post Europe November is now live with a review of the Polish general insurance market, and a close look at changes to supervisory authorities due to be enforced next year in the EU, as well as our regular View From the Top slot this month on…
Post Europe View from the Top: Environmental insurance comes of age
Environmental insurance, once labeled as difficult to obtain, data intensive and expensive, has come of age. With a 15-year history in the UK and Europe, and 30 in the US, the environmental market has developed and has the strength and maturity to…
Environmental liability - Toxic sludge: No fudge over sludge
The recent high profile toxic sludge incident in Hungary has been described as a 'tragedy' by the country's government. Ralph Savage reports how experts from the rural insurance and legal communities and further afield are assessing the situation.
Round table - SMEs & charities: Here to inform and educate
The SME and charity sectors have been widely courted by brokers and insurers in recent years. However, questions still persist about whether these customers are having their needs properly met. With this in mind Post gathered together some industry…
Spending Review 2010: AA disappointed with flood spend
AA Insurance has revealed its concerns over the government’s decision to reduce its flood defence spending.
Spending Review 2010: Government to cut flood defence spend
The government has outlined plans to improve flood defences for around 145 000 households but will cut spend to £2bn.
Sludge firm has Allianz cover
Allianz has confirmed it is the lead insurer in the Hungarian toxic sludge disaster in which eight people have so far died and 150 have been injured.
Insurers welcome EC decision on environmental damage liability
The CEA, the European insurance and reinsurance federation, has welcomed the decision by the European Commission not to propose an EU-wide compulsory liability scheme to cover environmental damage, or imminent threat of environmental damage, under the…
Insurers welcome EC decision on environmental damage liability
The CEA, the European insurance and reinsurance federation, has welcomed the decision by the European Commission not to propose an EU-wide compulsory liability scheme to cover environmental damage, or imminent threat of environmental damage, under the…
Run-off liabilities down
KPMG's annual run-off survey of UK non-life insurance shows that liabilities have shrunk by 21%.
Viewpoint: The Hitchhiker's Guide to Solvency II
Solvency II is looming large on the horizon but, argue Henry Sopher and Ann Duffy, despite the guidelines' complex language and detailed instructions, the run-off market can make it through this new universe by simply applying sound business sense and…
Munich Re launches solar panel cover
Munich Re has unveiled a new performance warranty for solar panels in the US.
Environmental liability: The carrot or the stick?
The idea of a new compulsory insurance class appears to represent opportunity to some and a major risk to market stability for others. Ralph Savage reports on how compulsory financial provision for environmental damage is viewed and whether it could ever…
Environmental liability - under-insurance: Clean up your act
Environmental insurance is regularly purchased by companies looking to cover historical liabilities rather than their day-to-day operational risks. Tony Lennon examines the reasons behind this decision.
Aon issues ELD warning following Hungary leak
Aon Risk Solutions has warned companies to take the Environmental Liability Directive seriously following a toxic sludge leak in Hungary.
Aon issues ELD warning following Hungary leak
Aon Risk Solutions has warned companies to take the Environmental Liability Directive seriously following a toxic sludge leak in Hungary.
Global environmental damage estimated to cost $28trn by 2050
Global environmental damage caused by human activity in 2008 represented a monetary value of $6.6trn, equivalent to 11% of global gross domestic product, a study reveals.
Post Europe: An in-depth review of general insurance in Portugal
Although the Portuguese insurance industry is one of the most well-established and resilient in the European Union Sam Barrett explains that it is still facing considerable challenges as the market responds to new legislation.
Post Europe: European rates review
Insurers’ appetite to diversify into new product lines and geographical areas is bringing heightened levels of competition to lines across Europe. In the short term this is of benefit to insurance buyers but Edward Murray asks what the long term impact…
View from the top: Cooperation is key to effective flood risk management
Three years on from the devastating 2007 floods, it¹s difficult to forget the images of people¹s homes and businesses under water and the resulting distress and damage to all involved. Last week¹s flooding summit was a timely reminder of the challenges…
Torrance hails climate change report
Climate Wise has welcomed the first national assessment of the UK’s climate change praperedness.