Fire
Interview: Andrew Rear and Mark Dennis, Digital Partners
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 wrestles down losses despite California exposure
Lemonade reduced its loss ratio to 99% in Q4 of last year, despite exposure from the California wildfires.
Analysis: Insuring unoccupied property
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?
Analysis: Is the industry prepared if the UK is hit with Brexit riots this year?
Legislation introduced in the wake of 2011 riots aims to simplify claims handling
Government moves a step closer to combustible cladding ban
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.
Analysis: Review of 2018
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…
California wildfire losses expected to hit record levels
The losses from the continuing 8 November California wildfires are expected to reach record levels, according to ratings agencies.
Analysis: Renovation fires - Learning from history
When extensive renovations are carried out on properties fire poses a risk. Rachel Gordon investigates what insurers are doing to mitigate this happening.
Government’s ban on combustible cladding insufficient, warn insurers
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.
Grenfell insurers could face legacy claims from asbestos poisoning
Exclusive: Insurers of Grenfell Tower could face legacy claims from victims if they develop symptoms of asbestos poisoning in later life.
This Week in Post: Surprises and savings
Getting a nasty surprise when the bill arrives is a feeling many of us have experienced. Some insured losses are no different.
Primark fire losses could be ‘double or triple’ initial £30m estimate
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.
A museum of insurance: opening up the past to attract the future
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…
This week in Post: One every minute
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…
Construction industry to assess insurance access post-Grenfell
The Construction Industry Council has launched a survey to assess the impact of the Grenfell fire on insurance cover for the construction sector.
Top 30 European insurers 2018: A year of steady growth for insurers
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
This week in Post: Washouts and windfalls
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…
Heatwave leaves homes a tinderbox as fire claims rise
The heatwave that engulfed the UK in July led to a 62% increase in fire claims, according to a loss adjuster firm.
Fire - Indicative reading time: 50 minutes
A series of CPD knowledge learning opportunities that can be used to accrue reading time. The pass rate is 80%.
Blog: Heatwave ignites fire risk for farmers
Hot dry harvest conditions are bringing risk management and insurance to the fore, writes Angus Stevens, client account director, Crawford & Company.
Blog: Why you should model your flood losses on a European scale
The anatomy of European flooding means insurers and reinsurers should model their potential losses across several countries, explains Dr Maurizio Savina, director at RMS.
MPs outline ‘urgent’ reform needed in wake of Grenfell fire
A parliamentary committee has called on the government to take urgent action in the wake of the Grenfell fire, including extending a proposed ban on combustible cladding and tackling conflicts of interest within the construction industry.
ABI calls for tougher building regulations in wake of Grenfell tragedy
The Association of British Insurers has reiterated its call on a ban of flammable cladding on high rise buildings and called on building regulators and legislators to learn from the past and mandate sprinkler systems in new build tower blocks.