Flooding
C-Suite - Insurer: Take the long-term view
Insurers must stop unsustainable commodity pricing in commercial property claims
Flash flooding frequency to increase with climate change
The UK faces the prospect of much more frequent flash flooding during the summer months as a result of climate change, according to a study published in the journal Nature Climate Change.
Balkans flooding to cost billions of euros
The European Bank for Reconstruction and Development estimates the cost of damage as the result of horrific flooding will be well over €2bn.
Zurich calls for more flood mitigation support
International insurer Zurich wants more money and effort spent on flood prevention.
Editor's comment: Is the Flood Re tide turning?
News the Flood Re scheme has flowed further down the river towards implementation next year has failed to dampen hopes among vociferous industry and political figures that excluded groups will be provided for.
Flood Re CEO Woolgrove to address Post's Disaster: Risk & Response event
The acting Flood Re CEO Tom Woolgrove has been added to the impressive speaker roster for the upcoming Post event, Disaster: Risk and Response.
Tens of thousands hit by huge flooding in Bosnia and Serbia
Over 40 people have died and thousands of people have been left temporarily homeless after three months of rain fell across three days in Serbia and Bosnia.
Water Bill handed Royal Assent
The Water Bill has completed the final stage in passing into law, bringing with it the official introduction of the Flood Re scheme.
BIBA: Conference Speakers: Amanda Blanc and Kevin Hancock
This year’s British Insurance Broker’s Association conference, held in Manchester on 13 to 15 May, will see more than 5000 attendees descend on Manchester. We caught up with some of the speakers to find out a bit more about them and what they thought…
Career development: ABI releases industry guide to non-modelled catastrophe risks
The Association of British Insurers has published an industry guide to better identify, assess and manage non-modelled aspects of global catastrophe risks.
Heavy rain kills 21 and causes disruption in China, Macau and Hong Kong
Four days of heavy rain in China, Macau and Hong Kong, killed at least 21 people, flooded many areas, disrupted flights and train services.
Black rain hits Hong Kong again
For the second time this year the Hong Kong Observatory has raised the black rain warning as thunderstorms hit the city on 8 and 9 May.
C-Suite - Insurer: Insurers must be all ears
Customers say they want to feel they are being listened to during the claims process – we must take heed
ABI close to naming Flood Re CEO as search for CFO begins
The Association of British Insurers expects to unveil a full time chief executive of Flood Re in June and has begun its search for a chief financial officer.
Homeowners urged to speak out against Flood Re exclusions
The British Property Federation is calling on flood-prone residents to speak out amid fears the introduction of the Flood Re scheme next year will leave millions without access to affordable flood cover.
LV Q1 GWP slumps despite climbing policy numbers
Reductions in LV’s motor book have seen the insurer record increased policy numbers but falling gross written premium for Q1 on a year-on-year basis.
E-cigarettes and cosmetic surgery tipped for new wave of claims
E-cigarettes and cosmetic surgery are among a new wave of anticipated emerging claims, according to law firm Hill Dickinson.
C Suite - Broker: Universality challenge
The basic principle that underpins insurance is that of pooling of risk.
The calm after the storm
Not wishing to tempt fate, but the current respite from the deluge of rain and heavy winds seen at the start of the year has offered a moment to reflect on our immediate response to an unprecedented volume of storm claims, ranging from minor damage to…
C-Suite - Insurer: Why flood investment is needed
Flooding in the UK has highlighted the importance of a swift response to customers in need.
Flooding and toxic mould
by Alan Dobson
Climate change outlook sparks calls for increased government flood spend
A report predicting a dramatic increase in European flood risk exposure due to climate change has prompted calls for the UK government to up its spending on flood defences.
BIA Countdown: 20 years of major loss
As part of Post’s countdown to the 20th anniversary of the British Insurance Awards in July, we spoke to major loss experts at insurers and claims firms who have experienced wins over the years, asking them how the industry has changed since the first…
One third of flood victims without home insurance survey finds
One third of British adults affected by the recent UK floods don’t have insurance that protects their home from flooding, a PWC and You Gov survey has found.