Flooding
Major loss: Repair or replace?
When a business suffers an unexpected catastrophe, Veronica Cowan looks into the decision making behind the option to repair or replace damaged premises, stock or machinery.
Industry concern as flood funding cut in spending review
Funding for flood defences has been cut in Chancellor George Osborne's comprehensive spending review. Under the previous government, £2.15bn had been committed for the years 2008-2011, however, this has been sliced to £2bn for the four years from 2011 to…
Exclusive content now available on Post Europe
Post Europe’s weekly update is now live with a look at cross-boarder technology, as well as a View from the Top opinion on how governments should support insurers efforts to deal with natural perils.
Post Europe, View from the Top: Getting wet feet is not enough
The events of summer 2010 made all too evident the dramatic consequences that global warming can have: the heat wave in Russia and the monsoon rains in Pakistan are extreme events that take place only very rarely.
Claims - VAT relief: Finding relief
With VAT rising to 20% from early next year, Alistair Winning & David Damsell look at how the rules surrounding this tax need to be examined closely by all parties to ensure the full relief available is claimed.
Spending Review 2010: AA disappointed with flood spend
AA Insurance has revealed its concerns over the government’s decision to reduce its flood defence spending.
Spending Review 2010: Biba slams flood spending cuts
The British Insurance Brokers Association has reacted to the spending cuts for flooding in today’s spending review.
Spending Review 2010: ABI voices concern over flood defence measures
The Association of British Insurers has reacted with disappointment to the Coalition Government’s announcement on flood defences.
Spending Review 2010: Government to cut flood defence spend
The government has outlined plans to improve flood defences for around 145 000 households but will cut spend to £2bn.
Post Intelligence Benchmarking – Loss adjusting: The loss leaders
Insurance 360‘s groundbreaking survey of the performance of loss adjusting firms reveals who is performing well and who needs to up their game. Peter joy reports.
Axa calls for clarity on flooding
Axa is calling on the government to be clear about its plans for the UK’s flood defence strategy and future funding to ensure that households in flood-prone areas continue to be protected.
Post Europe: An in-depth review of general insurance in Portugal
Although the Portuguese insurance industry is one of the most well-established and resilient in the European Union Sam Barrett explains that it is still facing considerable challenges as the market responds to new legislation.
Editor's comment: Breaking up: hard to do?
Last week's British Insurance Summit certainly stirred up some lively debate within the walls of the conference facility, as well as in the blogosphere and on social networking sites.
AM Best commentary: Keeping the balls in the air
While hardly a vintage year for the general insurance sector, 2009 did see an overall improvement due to investment earnings - but, says Catherine Thomas this year is unlikely to match up.
Household – aggregators: The next big thing?
After success in the motor market, the aggregators are turning their attention to household insurance. Will they manage a repeat performance? asks Jane Bernstein.
Widespread flood losses hit Asia
Aon Benfield's monthly catastrophe recap report, which provides an analysis of worldwide catastrophic events, highlighted that July witnessed some of the worst flood events in history, with Asia being particularly badly affected.
BIS 2010: Insurers warned over the next wave of "unknown unknowns"
XL Insurance regional operating officer, UK Ireland and Bermuda, Donal Kelly, urged the insurance industry to keep abreast of changing risks.
View from the top: Cooperation is key to effective flood risk management
Three years on from the devastating 2007 floods, it¹s difficult to forget the images of people¹s homes and businesses under water and the resulting distress and damage to all involved. Last week¹s flooding summit was a timely reminder of the challenges…
Flood progress relies on government spending
The success of last week's flood management summit will depend on whether the government's axe falls on flood defence in its October spending review.
Zurich ranks 9/11 and SARS top "mega-disasters" of last decade
Terrorist attacks, hurricanes, and pandemic risks top the list of “Top Ten Mega Disasters” of the past decade, released today by Zurich.
Swiss Re: insurance can help reduce climate risk impact by up to 90%
Innovative insurance solutions hold the key to driving climate adaptation initiatives in the developing world and securing the development prospects of communities threatened by rising climate risks.
Stakeholders agree flood roadmap
Environment minister Richard Benyon attended a flood management summit and met with insurers to discuss how best to ensure that insurance is widely available for homes at risk of flooding.
AA calls for government to resist spending cuts on flood defences
AA Insurance is urging the government to resist any temptation to cut spending on flood defences in its autumn comprehensive spending review.
Floodgate completes flood protection work
Flood protection work for ninety properties has been completed by Floodgate, a Welsh company that has been providing defence against flooding for more than 10 years.