Flooding
View from the top: Food for thought
Riots, floods and storms have created a golden opportunity to restore public trust in the industry, says John Heaney.
Top five Asian news stories
The top five Asian stories from www.insuranceinsight.com over the past seven days.
Lloyds GI profits fall 30% owing to PPI, pet and weather claims
Lloyds Bank's underlying general insurance profit decreased by 30 per cent to £158m (H1 2011: £226m) in the first half of 2012.
Making flood prevention cost effective
Flooding now affects more people than any other natural catastrophe. Jens Mehlhorn explains how tried and tested methodologies for determining the cost effectiveness of measures show that prevention is better than cure.
GAB Robins graduates experience weather claims surge response
GAB Robins' graduate recruits will start work more than a month ahead of the original September start date to experience handling the recent surge in weather-related claims.
Climate Change: Turbulent times
With climate change a growing global concern, how is the insurance industry playing its part in saving the planet?
View from the top: Much to do about flooding
The need for a new flood strategy is now urgent as the 'temporary' 12 year-long solution is no longer feasible, says Tom Woolgrove.
Home insurance premiums set to rise
Property insurers must ensure they have adequate reserves to cover future claims arising from volatile weather patterns, AA Insurance has warned.
Insured losses 'low' as Typhoon Vincente sweeps through China
Up to 37 people are dead and 700 homes were flooded after Beijing was devastated by the heaviest rainfall to hit the city since 1951.
Heavy rain in Beijing brings deluge of motor claims
Property and car insurers have been inundated with claims after the heaviest rain in six decades hit Beijing on Saturday.
AA adds voice to calls for flood insurance solution
AA Insurance has backed the Local Government Association's urgent calls for the insurance industry and government to agree a solution on the provision of flood insurance following the expiry of the Statement of Principles next summer.
Councils criticise government for flood insurance failure
The Local Government Association has accused the government and insurance industry of letting down residents in flood-risk areas by failing to reach an agreement over the provision of affordable insurance cover.
LGA report on danger of delaying flood decision wins industry support
AA Insurance has seconded concerns expressed in today's Local Government Association report that delays in identifying a future flood risk solution could prove costly.
Post magazine - 19 July 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
Editor's comment: Not so jolly holidays for insurers
So school is out for summer and, as children and MPs bask in the knowledge that there is no homework until September, insurers have been left hanging until term starts up again.
Industry left dangling on key issues as parliaments take summer recess
The insurance industry has been left in limbo after the UK and European parliaments failed to address a list of key issues as they broke for summer recess.
RSA expects £35m hit from Italian quakes
RSA expects a net loss of £35m from the two earthquakes in Italy's Emilia-Romagna region in May, the general insurer said today.
RSA flood losses hit £50m
RSA has been hit with an estimated net loss of £40m across its UK household, motor and commercial property books for June as a result of the wet weather.
China Property & Casualty Reinsurance to use AIR catastrophe models
China Property & Casualty Reinsurance Company has licensed AIR's typhoon, earthquake and multiple-peril crop insurance models for China to better manage its catastrophe risk.
South west Japan reels from record floods
Heavy rain between 11 and 16 July have caused widespread flooding and mudslides in Japan, catastrophe modeling firm AIR Worldwide reports.
Japan flooding threatens rice crop
Heavy rainfall in south west Japan has caused widespread flooding and mudslides.
Heavy rain dampens profitable run in household insurance sector
This summer's flooding could put an end to four consecutive years of combined ratios of 100% or better in the household insurance sector.
Flash flooding hits south west Japan
Intense rainfall in south west Japan has resulted in flash flooding and landslides, according to catastrophe modelling firm RMS.