Flooding
Geddes ‘proud’ of Direct Line for Business as growth continues
Direct Line Group is putting ‘extra effort’ into its commercial business as gross written premium for Direct Line for Business increased by 8% in the first half of 2016.
Home premiums rise for third quarter running, AA reveals
New research from the AA has revealed a rise in home insurance premiums for the third quarter in a row.
Swiss Re's Mumenthale positive despite nine point hit to H1 COR
Swiss Re has reported a H1 net income of $1.9bn (£1.44bn), down from $2.3bn (£1.75bn) for the same period in 2015.
Lloyds Banking Group insurance profit hit by weather claims in H1 2016
Lloyds Banking Group this morning reported that its general insurance business saw a 12.5% drop in general insurance ‘underlying profit’ for the first half of 2016 after reporting £168m in income (H1 2015: £192m).
China still heavily underinsured for floods, says Swiss Re
China's dramatic flooding over the last month has once again highlighted the prevalence of underinsurance in the country.
Q&A: Axel Theis, Allianz
As member of the Allianz SE board of management, responsible for global insurance lines, Anglo markets and Russia, Axel Theis is a busy man. Post caught a few moments during a brief trip to London to find out what's in store for this global company.
Aviva's Simon Warsop on flood resilience
Simon Warsop, chief underwriting officer for Aviva’s personal lines business, talks about recent flood debates and what action is needed now to protect homes and businesses next winter.
Digital: Virtual reality
Virtual reality has hit the gaming industry this year and it could find a place in the insurance sector to help with claims and fraud in the future.
BIA 2016: Communication – customer care, brand management and CSR
Customer Care; Brand Management; Business Sustainability/Corporate Social Responsibility Initiative of the Year
Climate change to outpace planned flood safeguards
Changes in climate are likely to outpace efforts to safeguard UK infrastructure against further flooding, a new report from the Committee on Climate Change has claimed.
Floods six months on: as claims are settled, how resilient are repairs?
The Association of British Insurers says 90% of December's floods are settled and it supports the introduction of flood measures in building regulations
Interview: Mark Weil, Marsh
Mark Weil, Marsh UK and Ireland CEO, talks to Stephanie Denton about his busy tenure, integrating acquisitions and what comes next
Expertise from A-Z: Taking stock of the year so far
Six months into 2016, what have been the highs and lows for the insurance industry – and what does the rest of the year have in store?
Trade Voice: CILA's Malcolm Hyde on Christmas and New Year with Desmond, Eva and Frank
For some, Christmas and New Year can be a stressful time. Add storms Desmond, Eva and Frank into the mix and the festivities become a seemingly endless time of misery.
Flash floods hit London and South East
The Environment Agency has issued 33 flood warnings for London and the South East this morning after torrential rain overnight.
Inet3 launches flood cover for non-standard home risks
Specialist property managing general agent Inet3 has launched non-standard home risks cover on Flood Re, with the support of a new learning hub for brokers.
Storms Elvira and Friederike will dampen French and German earnings
Storms Elvira and Friederike will dampen the first half 2016 earnings of French and German insurers, though it is unlikely there will be any negative rating actions as a result, according to AM Best.
Flood investment shouldn’t be about ‘sticking a plaster’ in an emergency, ABI warns
The government needs to “take the politics out” of decisions about flood defences, the Association of British Insurers has said.
Blog: Government needs a plan of attack for flood defences
Phil Bird, pricing and underwriting director at Legal & General, argues the proceeds from the insurance premium tax rise must be spent on long-term strategy to protect home owners at risk of flooding
Cost to insurers from French floods could be €2bn
Damages from the floods affecting Paris and the surrounding areas could almost reach €2bn, one of the country’s biggest insurers has warned.
Quiz of the week - 03 June 2016
Test your knowledge of the week's insurance news, with the Post insurance quiz of the week.
Perils loss estimate for Storm Desmond falls by £65m
Catastrophe data firm Perils has revised its loss estimate from Storm Desmond down to £597m, from £662m in its last report.
Floods in Germany and France claim lives
Heavy storms and flash flooding have seen four people die in Germany and one in France as flood waters swept through the region.
Research: State of the Risk Management Nation: Part Three: Services
In the third part of this research, Michèle Bacchus asks the risk managers whether commodotisation is a concern and discusses the merits of the services offered by the insurance industry.