Flooding
Paterson denies breakdown in flood negotiations
Environment secretary Owen Paterson has rejected claims that government talks with the Association of British Insurers have "stalled".
GAB and Crawford deal with increased claims volumes from weekend floods
GAB Robins saw claims volumes increase by 50% today and expects that figure to grow as rainfall spreads from the south west to Wales and the north of England.
ABI urges MPs to pressure government on flood talks
The Association of British Insurers has written to members of parliament urging them to call on the government to rethink its decision to refuse to provide a temporary overdraft for a flood insurance fund.
Aviva rallies to help flood-hit policyholders
Aviva has been providing alternative accommodation and interim emergency payments for policyholders in the weather-beaten Midlands, southwest and the west of England.
Floods hit southeast as storms move north
Around 816 homes were flooded and two people died over the weekend after the country was hit with a deluge of rain.
'Flood insurance talks with government have broken down,' admits ABI
The Association of British Insurers has confessed that talks with government on reaching a joint solution on long term affordable flood insurance have broken down, describing the situation as “impasse”.
UK flood damage could top £1bn in 2012, says PWC
British insurers face the worst year of flood claims since 2007, and costs are likely to be passed on to customers, according to PWC.
GAB Robins receives claims from Wales after overnight flooding
GAB Robins has received several weather-related claims from north wales and south west England as the stormy weather continues to batter the country.
Aviva warns on storm forecast
Storms and flooding are set to continue into the weekend across the UK, Aviva has warned, with the south west and Wales bearing much of the brunt.
Weather claims rise for Crawford
Crawford & Company has seen a 27% rise in claims numbers after flooding in the south of England.
Environment Agency issues 86 flood warnings
The Environment Agency issued 86 flood warnings today after torrential rain flooded the south of England.
Flooding already affecting south west England
Claims are flooding in from the south west of the UK, according to loss adjuster Cunningham Lindsey.
GAB Robins warns on UK flooding
Loss adjuster GAB Robins has warned that torrential rain and gale-force winds are set to rack the UK for three days.
Flood-hit South West homeowners warned to 'remain vigilant'
The Environment Agency is urging homeowners to "remain vigilant" after putting more than 80 flood warnings in place throughout England and Wales.
Silence on flood solution continues as Defra plays hardball over funding
The Association of British Insurers' long-running attempt to reach agreement with the government over replacing the soon-to-expire Statement of Principles has been described as "dead in the water".
S&P: Sandy to hit earnings not capital
Superstorm Sandy is likely to be an earnings rather than a capital event for affected insurers and reinsurers, according to rating agency Standard & Poor's.
Editor's comment: Dread of devolution differences
The inherent skill and unifying philosophy of the insurance industry is based on a fatalistic acceptance that even the most unlikely event has a nasty habit of happening when you least expect it.
Post magazine - 22 November 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
Zurich UK results dented by 'exceptionally large' commercial claim
Zurich UK general insurance chief executive Steve Lewis has blamed adverse weather conditions for a £15m slump in business operating profit, compared to the nine month stage last year.
Superstorm Sandy: direct wind not to blame for buildings damage
Damage from storm surge and flooding caused by superstorm Sandy is widespread and extensive, but there is only minor damage to buildings from direct wind, according to a report released today by Willis Re.
Asia View from the Top: The effects of globalisation
'May you live in interesting times' is apparently the English translation of an ancient Chinese curse, and the past few years have been interesting and challenging from an underwriter's point of view.
New Yorkers to fall victim to second storm in less than two weeks
New York residents could be told to evacuate the city for a second time this month as winter storm Athena makes its way to the same areas battered by Sandy last week.