The predicted coronavirus-related economic hit is being compared to the 2008 recession, with financial pressure a driver of insurance fraud.
The High Court has put structural defects specialist East West Insurance Company, which purchased a portfolio from Zurich in 2018, into administration and appointed Ernst & Young as administrators.
Schools have a fire risk almost twice as high as other non-residential buildings, yet are poorly equipped to prevent a fire becoming a major disaster, according to new research by Zurich. Tilden Watson, Zurich Municipal head of education, explains why…
Property investor Aubrey Weis has accused Lockton of forging Axa documents and altering an insurance certificate issued to his company Combined Property Control in a filing at the High Court of Justice in London.
The explosion in Beirut, Lebanon at around 6pm local time on Tuesday 4 August tragically killed at least 157 people and wounded another 5000, with more than a hundred still missing as rescue efforts continue.
Financial hardship caused by UK-wide lockdown is contributing to increase in fraud and arson, warn loss adjusters.
Perils has pegged insurance and reinsurance industry losses for Australian bushfires at A$1.86bn (£1.03bn)
As Post celebrates 180 years, we look at the companies that have come and then very quickly gone and ask what today's insurers can learn from them.
The Arson Prevention Forum, an organisation designed to bring together relevant parties to share ideas, good practice and trends on the fight against arson, has hit pause on holding meetings. Post investigates why and what next where it comes to tackling…
Parametrics has been around for a while but a slew of new entrants means it is now poised to make its mark on UK general insurance
Mike Ledgerton, head of major loss at Questgates, reflects on the Court of Appeal decision in Endurance Corporate Capital Ltd v Sartex Quilts & Textiles Ltd., which has potentially far reaching consequences to the measure of indemnity.
A judge has ruled in favour of AIG in its application to substitute the named claimant on its claim against roofers and RSA, allowing the property damage claim to go ahead.
As many businesses hit one month out of their offices and workplaces insurers have been praised for their response to unoccupied premises clauses in buildings insurance.
Insurance Premium Tax has remained at 12% in today’s Chancellor’s budget, as the government pledged to boost spending on flood defences.
There was “a very large number of factors” behind the significant drop in operating profit at Allianz UK in 2019, according to CEO Jon Dye.
Allianz UK has reported profit of £138.1m for 2019 supported by investment gains as operating profit fell.
Scandal, fraud, deception and rabid profiteering have never been far away from the insurance industry. Indeed, it is probably fair to say they have been uneasy bedfellows ever since the modern insurance industry started to lay its foundations in this…
Insurance losses resulting from severe weather conditions from 19-21 January in Australia, are estimated to be A$514m (£269m), according to the Insurance Council of Australia
Australians whose property has been damaged by the ongoing bushfires should beware of “fictitious or unscrupulous tradespeople, repairers or firms offering to assist them with their insurance claim”, the Australian Securities and Investments Commission…
Insured losses resulting from bushfires ravaging the Australian states of New South Wales, Victoria, Queensland and South Australia are estimated to have reached A$995m (£524m), according to the Insurance Council of Australia.
With the holiday break over, this week has seen people across the UK – some somewhat sluggishly – get back to business.
Insurance losses resulting from months of deadly bushfires in Australia are estimated to be A$431m (£228m), according to the Insurance Council of Australia.
Historically people have 'fallen' into insurance rather than seeking it as a career. Adrian Furness, chief operating officer at Covéa Insurance, asks if this is changing.
In a hardening market, competition is tough to place property and casualty risks. Now more than ever, brokers need to work closely with insurers and customers on claims prevention and risk management, writes Jon Walker, executive MD of Commercial…