Insurers have pledged to help with the restoration of the Notre Dame Cathedral, which went up in flames on Monday evening.
Axa has revealed it provided civil-liability coverage for two contracting firms that were working on an on-going restoration of Notre Dame Cathedral, prior to the fire that demolished the building on Monday evening.
Exclusive: The insurer of Grenfell Tower has so far paid out £24.5m to the Royal Borough of Kensington and Chelsea, and expects total insured losses to reach £75m.
Supreme Court has ruled against Axa in a landmark dispute between a property damage insurer and a motor insurer over £2m fire claim.
Lloyd’s of London was slammed with another vast loss in 2018, following on from its £2bn loss in 2017.
Insurance is only really tested at the point of claim and over the past 25 years the British Insurance Awards have celebrated the industry’s efforts to return the customer to where they were before the claim. Since 2003 major loss has been a standalone…
Festivals are growing in size, number and scope. They are rapidly becoming a more immersive experience, rather than solely about music. With these changes come wide-ranging additional requirements for cover and a need for the insurance sector to innovate
One of the first movers in the insurtech space, Digital Partners now works with over 20 start-ups and wrote £100m of gross written premium in 2018. Its CEO Andrew Rear and chief operating officer Mark Dennis spoke to Jonathan Swift about how a…
Lemonade reduced its loss ratio to 99% in Q4 of last year, despite exposure from the California wildfires.
The issue of unoccupied property is a political hot potato in a climate of Brexit and increased online retail. How are insurers tackling this high risk area?
Legislation introduced in the wake of 2011 riots aims to simplify claims handling
As regulations for the combustible cladding ban for new and high-rise buildings progress in government, insurers say that they do not go far enough.
The spectre of Brexit loomed large over the insurance sector this year, and although the picture is still no clearer in terms of how the UK market will continue to trade with Europe after 29 March 2019, significant merger & acquisition activity was among…
The losses from the continuing 8 November California wildfires are expected to reach record levels, according to ratings agencies.
When extensive renovations are carried out on properties fire poses a risk. Rachel Gordon investigates what insurers are doing to mitigate this happening.
The government’s ban on combustible materials limited to high rise buildings over 18m is not sufficient and should be considered for a wider range of buildings, insurers have warned.
Exclusive: Insurers of Grenfell Tower could face legacy claims from victims if they develop symptoms of asbestos poisoning in later life.
Getting a nasty surprise when the bill arrives is a feeling many of us have experienced. Some insured losses are no different.
Exclusive: The losses surrounding the Primark storefront fire in Belfast could be “double or triple” the initial estimates of £30m, sources involved in the claim said.
When the Chartered Insurance Institute leaves Aldermanbury this month for a new home in the City, it will not be able to bring along many of the artifacts it has in storage. Post spoke to former president Reg Brown about how these could be rehoused in a…
For those of us back in the office while the holiday season continues it might seem like time is moving slowly but the Association of British Insurers revealed this week that for every minute we count down until silly season is over and the out of office…
The Construction Industry Council has launched a survey to assess the impact of the Grenfell fire on insurance cover for the construction sector.
Overall, top-line growth for the 30 largest European insurers has been steady, reflecting the underlying economic conditions throughout Europe, explain Tim Prince and Yvette Essen, director of analytics and director of research at AM Best
When you head off to an outdoor festival following a heatwave, you cross your fingers and hope the sun sticks around. Unfortunately it seems like the recent tropical spate has done a runner and I spent last weekend trying not to roll down a hill while up…