Flooding
JBA enters flood debate with new model launch
JBA Risk Management has joined the UK insurance industry flood debate after releasing a new model of the built environment designed to help property owners better understand the risks to homes, offices and business premises.
View from the top: Pool solution a proven concept
For those of us living or working in the UK, one regular weather event is inevitable: lots of rain. So, most readers won’t take much convincing of the fact that, in 2012, Britain suffered its second-wettest year since records began in 1910.
Aon launches weather reinsurance product
Aon Benfield has launched a weather reinsurance product that offers protection against adverse weather losses in the UK.
Top five Asian news stories
The top five Asian stories from www.insuranceinsight.com over the past seven days.
Asian insurers urged to be selective in current climate
Growth opportunities exist for insurers in wealth management and personal insurance, despite the economic slowdown and evolving regulatory change in Asia Pacific, according to Ernst and Young.
Large number of claims reported from Jakarta floods
Loss adjusting firm Cunningham Lindsey has been notified of a large number of losses resulting from flooding in Jakarta on Thursday.
Jakarta floods force 20 000 people to evacuate
Widespread flooding in Jakarta has prompted the Indonesian government to evacuate nearly 20 000 residents, according to Cunningham Lindsey.
Jakarta grinds to a halt after widespread flooding
At least four people were killed and 20,000 evacuated on Thursday as widespread flooding hit the Indonesian capital of Jakarta.
Thai insurer opens flood credit line
MSIG Insurance (Thailand) has opened a Bt1bn ($33.5m) emergency credit line to help pay out Bt2bn ($67m) for flood damage.
The importance of disaster restoration
Insurers in Asia are increasingly turning their attention to property restoration following natural disasters, spurred on by the possibility of huge cost savings, writes Nicky Burridge.
Two thirds of German homes not covered for natural hazards
Over two thirds of householders in Germany are not insured against damage by extreme weather conditions, according to Munich Re's primary insurance arm Ergo.
DAS targets fire and flood victims with Loss Assist product
Legal expenses insurer DAS is launching the latest version of its Loss Assist product to provide assistance for households that have suffered damage to property or contents.
Ergo launches modular home contents policy
Munich-Re owned Ergo Insurance has launched a new home contents policy for the German market.
US nat cats push global insured losses above 10-year average
Munich Re has called for greater loss prevention measures to be taken in the US, which saw 90% of worldwide insured losses in 2012.
Flood brick entrepreneurs win Defra funding
The inventors of a flood brick designed to replace sandbags and defend homes from flooding have been awarded more than £44 000 by the Department for Environment, Food and Rural Affairs.
ABI boss Thoresen resumes flood talks with Cabinet minister Letwin
Association of British Insurers director general Otto Thoresen is locked in talks today with Oliver Letwin, the Cabinet minister responsible for co-ordinating government policy, with a view to finally identifying a future flood risk solution.
General insurance review of the year: It never rains, but it pours
Flooding, and the ongoing struggle to replace the Statement of Principles, has been at the forefront of a range of difficulties faced by the general insurance market in 2012. Will 2013 bring a silver lining?
RSA and More Than give Xmas vouchers to flood affected customers
RSA and More Than will redirect mail and offer gift vouchers for customers forced to spend Christmas in alternative accommodation following the recent floods.
Household insurers to make profit in 2012
The household insurance market could make an underwriting profit for a second year in a row, according to Deloitte.
View from the Top: Difficult break-ups
Expect more insurers to terminate relationships with partners that yield insufficient returns, says Karen Hogg.
Post Claims Club chair's monthly missive: whiplash, flooding and nappy changing
Apologies for my tardiness with regards the lack of a November blog, but I was otherwise engaged with the birth of my first child.