Flooding
Loss adjusters seeing steady flow of storm claims
Loss adjusters are praising flood defence mechanisms in standing up to yesterday’s storm which has seen the east coast of the UK battered by surges and high tides.
Severe flood warnings in place across the UK as storm sees thousands evacuated
Two people are known to have died while thousands more were evacuated from their homes as a tidal surge battered coastal towns along the east coast of Britain.
GAB Robins issues amber alert on east coast weather warnings
Loss adjuster GAB Robins will be mobilising additional field teams to the east coast in preparation for the predicted storm expected to bring gale-force winds, heavy rainfall and possible coastal flooding to the area.
DLG issues advice to customers in face of weather warnings
Direct Line Group has issued advice to its customers following warnings of high winds and flood risks issued for various regions in the UK.
AA issues flood warning to car and home owners
The AA’s specialist severe weather team is being deployed in North Wales, Scotland and Eastern England coastal locations today as warnings of coastal flooding from the Environment Agency, Scottish Environment Protection Agency and Met Office escalate.
Aon Benfield subsidiary launches flood cat model in Netherlands
Aon Benfield’s catastrophe modelling centre has launched a model to understand the financial impact of flood damage in the Netherlands for property and motor.
ABI property boss Kerr defends SME's exclusion from Flood Re
The Association of British Insurers' head of property has dismissed concerns raised by the British Insurance Brokers' Association relating to the omission of SMEs from Flood Re by claiming there is "no evidence" to support their inclusion.
Industry reputation will be tested by response to surge events, ABI warns
How the insurance industry responds to flood events going forward will be a key test for its reputation, the Association of British Insurers says.
Drivers take risks with floodwater driving, according to AA
More than half of UK drivers are putting themselves in danger attempting to cross dangerous flood water, a joint AA and Environment Agency survey has found.
Farms face cover threat after Defra confirms their exclusion from Flood Re
Biba calls for rethink over decision to exclude small businesses from legislation.
ABI calls for more investment in flood defences
The Association of British Insurers has called on the government to invest further in flood defences.
Biba disappointed at government’s SME flood exclusion
The British Insurance Brokers’ Association has expressed its disappointment at the government’s decision to exclude SMEs from incoming flood legislation.
Flood Re 'devalued' by affordability fears claims CII broking group
Flood Re is “devalued” by a lack of proposals to address issues of affordable premiums according to a paper from the Chartered Insurance Institute’s new generation broker group.
Amlin records 9% increase in fleet motor rates for Q3
Amlin has recorded steady results for quarter three 2013 including stable improvement in its UK commercial business logging a 9% increase in fleet motor rates.
Insurers warned to brace for escape of water claims surge
IFIC Forensics has warned insurers to brace themselves for an influx of escape of waterclaims, as weather experts forecast the beginning of the coldest winter in 100 years this November.
Europe: Disaster area?
More people than ever before are being exposed to natural disasters due to the increase in global urbanisation, according to a recent report from the Institution of Mechanical Engineers.
C-Suite: After the storm
The response by insurers in the aftermath of St Jude showed the importance of the industry.
Insurers braced for aftermath of St Jude storm
Insurers are assessing the damage this morning after strong winds battered England and Wales throughout Sunday night and Monday morning.
Over 40 people die in Indian floods
48 people have been reported dead in floods in the Indian states of Andhra Pradesh and Orissa within the last week.
AA Index show home insurance premiums drop again
Home insurance premiums have continued to fall according to the AA’s Insurance Premium Index.
Flood Re boost among insurance implications of government reshuffle
New financial secretary Sajid Javid looks set to retain insurance liaison role.
Editor's comment: All change in government
Insurers know only too well that a reshuffle of staff is an opportunity to “bring on fresh talent” but this week the personnel changes were in government rather than in the industry.