Flooding
MS Amlin joins Flood Re scheme
Global speciality insurer MS Amlin has joined Flood Re with accessibility for the renewal of new business beginning 1 March 2017.
US weather losses exceed $1bn in January
Losses caused by severe weather outbreaks in the United States have exceeded $1bn (£800m) in January, according to the latest Aon catastrophe report.
BRE and Axa unveil flood proof house to encourage resilient repairs
Watford-based building science centre BRE has developed a flood-resilient prototype home to show the most effective ways to protect properties against flood damage.
Smart homes could pave way for Blockchain-enabled insurance
Smart homes fitted with sensors could trigger automatic claims payments, a conference heard.
Flood Re to hit 130,000 policies by April
Flood Re is on track to back 130,000 policies in its first year of operation, the scheme’s chief financial officer Adam Golding told Post.
Towergate's Kay Martin on why a focus on customer service is the one thing that won't change in 2017
So it's January again and what a year 2016 was - it's hard to remember a more tumultuous 12 months.
Global catastrophe losses rise to highest levels in four years
With insured losses totalling $54bn (£44bn), global natural disasters in 2016 combined to cause the highest economic losses in four years, according to a new report from Aon Benfield.
Flood Re appoints Andy Bord as interim CEO
Flood Re has appointed Andy Bord, former managing director of BGL Group, as interim CEO.
Severe flood warnings issued for coastal areas in UK
Severe flood warnings are in place along the eastern coast of England following fears that a storm surge places homes and properties at risk.
JBA releases flood model for Vietnam
UK catastrophe modeling firm JBA Risk Management has this month released a multi-peril flood model for Vietnam.
25 dead in heavy Thailand flooding
At least 25 people have died and 700,000 people have been affected by widespread floods in southern Thailand.
None of the revenue from IPT rise to be spent on flood defences
None of the revenue generated from the recent increase in Insurance Premium Tax has been ring-fenced for flood defences, Post can reveal.
Insurers paid out $50bn for natural disasters in 2016
Insurers paid out $50bn (£41bn) in natural disaster claims during 2016, making it the costliest year for natural catastrophe losses since 2012.
C-Force: It's time to unmask the claims heroes
2016 was a big year for insurance claims – but who are the people behind the scenes, making sure customers receive the best service possible?
Final Perils loss estimate for Storms Eva and Frank hit £504m
Catastrophe data firm Perils said flooding linked to storms Eva and Frank caused insured losses of £504m.
Ocaso rejects £50,000 claim due to policy holder withholding information
The Welsh assembly has criticised Ocaso Insurance’s refusal to pay out for a £50,000 flood damage claims, calling the decision ‘unreasonable’.
Storm Barbara ‘could be first major test of Flood Re’
Home owners should take extra steps to ensure they have sufficient cover this Christmas owing to the risk of flooding from Storm Barbara.
Biba to meet business leaders affected by last year's floods
One year on from storm Eva, the British Insurance Brokers’ Association is set to meet businesses affected by last year’s floods in Cumbria.
Flood claims: Under the weather
One year after Storms Desmond and Eva, schemes are now available to make cover affordable for households and small businesses in areas at risk of flooding. As barriers to resilient repairs persist, the focus is shifting to a more precise mapping of the…
This week in Post: Unrated insurers and reasons to detox
The sallow, downbeat faces of my colleagues today can only mean one thing: it’s the morning after the staff Christmas party.
Blog: Loss adjusters lead encouraging flood-resilient repairs
Loss adjusters are encouraging flood-resilient repairs but a strong incentive is needed to support take up.
Interview: Harsha Agadi, Crawford & Company
As Crawford ‘outperforms expectations’ in terms of growth, Michèle Bacchus speaks with CEO and president Harsha Agadi about his plans for the company
Biba launches flood product for businesses in flood hit areas
The British Insurance Brokers’ Association has developed an affordable solution for small businesses excluded from Flood Re.
Perils final insured loss estimate for Storm Desmond totals £604m
The estimated insured property market losses for Storm Desmond comes in at £604m, according to catastrophe modelling firm Perils.