Fire
Sprinklers should be compulsory in new warehouses says ABI
Sprinklers should be made a legal requirement in all new warehouses over 2,000m2, the Association of British Insurers has said.
Great fire of London would cost insurers £37bn today says ABI
Insurers would have to dish out £37bn if a fire the size of the Great Fire of London were to happen today, the Association of British Insurers has said in the lead up to the 350th commemoration of the fire.
Blog: Cooking calamities - More than 38% of house fires start in the kitchen
Understandably, there is a great deal of focus right now on managing flood risks but looking at household fire claims, the number and cost of these claims have also changed quite significantly in a relatively short period of time.
Three still missing after Didcot Power Station collapse
Emergency services are searching for three people after yesterday’s (23 February) partial collapse of the decommissioned Didcot A Power Station in south Oxfordshire.
Victoria bushfire claims rise above A$150m
The devastating Christmas time fire in Victoria known as the Great Ocean Road bushfire has now cost insurers over A$150m (£74m).
Munich Re releases €1.4bn of reserves as it records €3.1bn profit despite Ergo struggles
Munich Re this morning reported a consolidated profit of €3.1bn (£2.5bn) (2014: €3.2bn) for 2015 on gross written premiums of €50.4bn (2014: €48.8bn).
New Zealand's insurers upset over fire service levy review
The Insurance Council of New Zealand wants the government to change the rules on an insurance levy for the industry which funds over 90% of the fire service.
Australia's insured summer disaster bill reaches A$515m
Four catastrophes in Australia this summer have already cost insurers over A$515m (£250m) according to the Insurance Council of Australia.
IAG used drones to help assess Victoria bushfire damage
Australian insurance giant IAG is using drones to help assess damage from bushfires for the first time.
A$60m of claims from Western Australia bushfires, says ICA
There has now been an estimated A$60m (£29m) of claims from bushfires in Western Australia according to the Insurance Council of Australia.
Buncefield Anniversary: A look at the explosion and the fallout from it 10 years on
The explosion at the Buncefield oil depot on 11 December 2005 was the largest explosion ever in Europe during peacetime. Safeguards failed and as a result a fuel tanker overflowed.
16 homes destroyed in South Australia bushfires
The Insurance Council of Australia has declared a catastrophe for multiple bushfires north of Adelaide in South Australia.
Halloween Costumes: The burning issue
A high-profile Halloween accident has put the classification of fancy dress costumes into the spotlight, but current standards fall well short of consumer expectations
Fire trumps flood as biggest threat to UK businesses
Flooding is the most common form of disruption for UK businesses, however fire poses the more serious threat, according to FM Global’s UK claims data research.
Tianjin explosion death toll climbs to 114 as Allianz and Zurich receive claims
At least 114 people are dead after two huge explosions on Wednesday night at a chemical and dangerous goods warehouse in the Chinese port city of Tianjin.
Loss adjusters appoint accountants to help with Holborn fire BI claims
Loss adjusters Crawford & Company and Cunningham Lindsey have assigned a number of in-house accountants after being appointed to handle business interruption claims emanating from last week’s electrical fire in central London.
Arson: No smoke without fire
While fire risk has dropped considerably over the past decade, almost half the £1bn paid out in fire claims each year is as a result of deliberate acts. So what can be done to reduce the losses caused by arson?
Huge loss for Chinese tyre manufacturer in Thailand
According to Verapong Chaiperm, the Industrial Authority of Thailand governor, a fire on Sunday in Sriricha, Chonburi has caused $40m (£26.6m) in losses.
Unoccupied Properties: Building an unoccupied checklist
Unoccupied properties are a growing problem for insurers so what should brokers bear in mind when presenting information to underwriters?
Bushfires in Adelaide Hills to cost over A$13m
As a result of bushfires in Adelaide so far 350 claims have been lodged with insurers, with insured losses of more than A$13m (£7m).
Blog: Top 5 TV insurance claims
How much would the insurance claim for the Downton Abbey fire have been? Crawford & Company's UK Major Loss team calculates the cost of small screen disasters.
Richfords founder to takeover as chairman of BDMA
Steven Richford, founder and managing director of Richfords Fire and Flood, will takeover as chairman of the British Damage Management Association from 1 December.
Housing associations: Providing a helping hand
With less than 40% of social housing tenants taking out home contents insurance, what can the insurance industry do to help those with low incomes protect their belongings?
18 killed in Shandong fire
A huge food plant fire killed 18 people and injured 13 others in Shandong yesterday evening.