Flooding
Osborne unveils tax relief on flood defence contributions
Chancellor George Osborne has pledged to cut taxes on business contributions on flood defences in order to encourage private sector investment.
Biba outlines spending priorities ahead of Autumn Statement
The British Insurance Brokers' Association has set out its spending priorities for the forthcoming Autumn Statement highlighting apprenticeships, flood defence spending and Insurance Premium Tax relief on telematics products for young drivers as its…
C-suite - Broker: A bright new age for forecasting
A new Met Office supercomputer could provide more accurate models for insurers
Review of The Year: Loss adjusting
In the week that loss adjusting giant Crawford acquired GAB Robins for £45.8m, Post seeks loss adjusters’ views on how the rest of the year was for the sector and what 2015 holds in store
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.
ABI lukewarm on £470m flood defence plans
The Association of British Insurers has provided a measured response to Treasury plans to spend £470m on flood defences as part of a previously announced commitment of more than £2.3bn of public spending.
French floods force more than 3000 evacuations
Floods in Southern France have forced more than 3000 to evacuate their homes, while five people have lost their lives.
Environment Agency awards £300m flood risk contract
The Environment Agency has awarded a £300m flood risk management contract aimed at protecting £200bn of property to engineering company CH2M Hill.
State of the Broking Nation: Viewing the state of the nation
The views held by brokers interviewed for The State of the Broking Nation have challenged some long-held opinions, with both positives and negatives for insurers to draw from the responses given – and relationships in the sector strongly emphasised as…
Europe: Ireland update
David Worsfold takes a look at how the recovery of the Irish economy, as well as challenges such as regulation from Europe, is affecting Irish insurers and brokers
Flood defence spending ‘insufficient’ says Audit Office
Spending on flood defences is insufficient to meet needs for maintenance according to a report from the National Audit Office.
C-Suite: Insurer: Planning for the worst
The industry must stress to firms the importance of business interruption cover
EAIC 2014: Thai floods had dramatic impact on SME loss ratio
As a result of the devastating 2011 Thai floods the average combined ratio for small and medium enterprises between 2008 and 2012 grew exponentially.
AA criticises climate change report findings on 'insufficient' flood defences
AA Insurance has called a Committee on Climate Change report suggesting flood defence investment in UK urban areas is insufficient "disappointing".
Treasury pledges £97m for ‘world-leading’ Met Office supercomputer
Chief Secretary to the Treasury Danny Alexander has today revealed plans to spend £97m on a supercomputer to improve the UK’s ability to predict disruptive weather.
Foreign insurers allowed into North Queensland
The Australian government is allowing foreign insurers access to North Queensland's home insurance market in an attempt to drive down prices.
‘Constructive’ party conference season dialogue pleases insurance bosses
Flooding and cost of motor insurance and regulation top the agenda
July 2015 implementation unlikely for Flood Re as groundwork continues
Flood Re boss Tom Woolgrove has admitted Q4 2015 date is now more likely
Flood Re live date delayed to Q4 2015
The organisation in charge of implementing Flood Re is now progressing towards the scheme launching in Q4 2015 rather than next summer as planned.
Insurers struggling to grasp flood exposures says S&P
Home insurers may be at risk of understating their flooding exposures due to a combination of poor data and a lack of models, according to Standard & Poor's.
Top 100 UK Insurers: AM Best Commentary: The lie of the land
Falling rates and low returns on investment continue to dog insurers, while the impact of regulation is being felt across the sector
Interview: Phil McNeilage: Strictly roots
Despite a brief soujourn in Jamaica, Cunningham Lindsey’s UK chief executive Phil McNeilage has spent the majority of his career with one company. He talks to Post about the changes occuring at Cunningham and the challenges ahead
Claims Leakage: Tackling claims leakage
Natural disasters can test claims management systems to the limit, posing significant challenges to insurers