Extreme weather
RSA researching commercial flood resilience
RSA Insurance, soon to be Intact, has launched an 18-month research project into commercial flood resilience with the University of Hull.
Big Interview: Blanca Berruguete, Descartes
Earlier this year Blanca Berruguete joined Descartes Underwriting as head of Europe, Middle East and Africa distribution and client management.
Aviva’s Storah urges homeowners to get gardens climate-ready
As the green fingered head to the RHS Chelsea Flower Show, Jason Storah, CEO of Aviva UK & Ireland General Insurance, observes natural garden solutions can reduce flooding, boost resilience, and protect homes across the UK.
Only 7% of businesses adopt parametric flood insurance
Just 7% of businesses have included a parametric insurance solution in their flood risk financing programme, according to research from Previsico and Airmic.
Extinction Rebellion returns to Biba for third consecutive protest
Extinction Rebellion has targeted the British Insurance Brokers’ Association Conference today (14 May) marking its third year of protest at the conference.
Quarterly weather damage claims payouts hit record £200m
In the first quarter of this year, claims for weather-related damage to people’s homes and possessions topped £200m for the first time ever, according to data from the Association of British Insurers.
Regulator consulting on ‘complete rewrite’ of climate expectations
The Prudential Regulation Authority has released a consultation paper setting out proposals on updated supervisory expectations for banks and insurers aimed at helping them “manage the effects of climate change”.
Aviva and Axa hit back at claims made by Which?
Aviva and Axa have refuted claims by Which? that their “potentially unfair definitions of storms and floods” are being used to reject claims made by customers who have had their property damaged.
Ardonagh Advisory buys firm; NBS x Hiscox; Tokio Marine’s head of compliance
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.