Flooding
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.
5000 on standby for insurers’ winter flooding response
Insurers have thousands of staff on standby to deal with severe flooding this year, the Association of British Insurers has said.
Axa and CDL launch Flood Re solution
Axa and technology firm CDL have launched the first Flood Re integrated solution available via a broker software house.
Tackling flood risk needs a collaborative effort, says Flood Re chairman
Insurers, environment agencies and government need to collaborate if they are to tackle the threat of flooding effectively, said Mark Hoban, chairman of the board of directors at Flood Re.
Storm Angus brings flooding, damage and destruction to the UK
Large parts of the UK have been warned of further flooding and bouts of strong winds as a result of Storm Angus, the first named storm to hit the UK this year.
Aviva's Stephen Pond on why prevention is the best possible cure
Embracing technology is the way forward for insurance companies
Ageas sees profits fall on back of summer storm damage
Ageas has seen profits of £43m in the third quarter, a fall 8% from £46.9m in the same period last year.
Government needs a joined up approach on flooding, says IFoA
A more joined up approach is needed to tackle the long-term threat of flooding, says the Institute and Faculty of Actuaries.
Top 30 Asia insurers: Asia remains in a stable condition
There has been little change in the rankings of the top 30 Asia insurers since 2014, with China still dominating the rankings, despite a decreasing growth rate
New course addresses impact of flooding on children
The British Damage Management Association has launched a new training course to improve the experience of children & young people after flooding.
Government releases report to help homeowners prepare for flooding
The government has teamed up with the insurance industry to deliver a report that will help customers better protect their homes and businesses from flooding damage.
The secret battle at Lloyd's: Forgetting your Names
The capital provided by Names at Lloyd’s has fallen from 100% to just 10% – are we seeing the end of a long tradition?
Biba urges government to ring-fence further IPT revenue for flood defences
The British Insurance Brokers' Association is calling on the government to ring-fence extra revenue from the Insurance Premium Tax for flood defences.
Hong Kong hit by flash flooding as city prepares for Typhoon Haima
Hong Kong was hit by flash flooding on Wednesday as the outer band of Typhoon Sarika brought heavy rain and strong winds to the Special Administrative Region.
Cornish Mutual expands with new Devon Office
Cornish Mutual has opened a new Devon office in order to help service its growing membership in East Devon, Somerset and Dorset.
Aviva offers leak detector to policyholders
Aviva will offer policyholders a leak detection device as part of the insurer's tie-up with Homeserve.
Flood Re backing 53,000 policies six months after launch
Flood Re is now backing 53,000 policies just six months after the scheme’s launch.
Axa to flood terrace house in research project
Axa will build and then flood a terraced house in a project aimed at helping develop flood resistant homes.
Homes should come with flood warnings, says ABI
Home buyers are more likely to assess accessibility to parking than risk of flooding when buying a house.
New farming risks and their insurance implications
The past 12 months have not been easy for farmers. Depressed produce prices have left the sector facing one of the worst income crisis for more than 100 years.
Insured losses of Louisiana floods to cost at least $8.5bn, says AIR Worldwide
According to catastrophe modeling experts AIR Worldwide the recent devastating flooding in Louisiana will cost the industry between $8.5bn (£6.1bn) and $11bn.
Axa calls for end of construction on flood plains as flash floods hit
Following today’s flash floods that saw half a month’s worth of rain dumped over parts of England, Axa has called for the government to end construction on flood plains and encourage greater resilence in repairs.
Interview: Graham Smart, McLarens Europe
It has been three years since Graham Smart took over the role of McLarens Europe MD from Trevor Latimer. He reflects on the challenges the market has faced and what growth opportunities remain.
Blog: Stormy lessons and a diverse future for loss adjusting
Benedict Burke, president of the Chartered Institute of Loss Adjusters, reflects on his presidential year ahead of CILA's annual conference and annual general meeting on Wednesday in Manchester, where he will pass the baton on.