London riots
Deputy Mayor threatens to name insurers behind unpaid riot claims
The deputy mayor of London has threatened to “name and shame” insurers who have not settled claims following the 2011 London riots without sufficient justification.
Axa finds business crimes down 14%
Crimes committed against UK business fell after two years of consecutive increases according to figures released by Axa today.
Pressure mounts for riot damages reform
MPs and local authorities are keeping up the pressure to get a better deal for property owners and businesses in the wake of the riots of summer 2011.
ABI backs Riot Damages Act review
The Association of British Insurers has come out in favour of the Riot Damages Act review announced today.
View from the Top: There may be trouble ahead
A catalogue of natural disasters in recent times have been pushing our industry’s bottle to the brink, says Peter Hubbard.
Police and insurers clash over responsibility for riot damages compensation
The Home Office is to consider appointing an independent person to consult on changes to the Riot [Damages] Act 1886 following the London riots in August 2011.
Business interruption: Playing with fire
Confusion and costs have led to fewer businesses taking out adequate business interruption cover, putting them at risk of significant losses. How can the industry rectify the situation?
Editor's comment: Keeping cool in a crisis
In one sense it is heartening to witness the global insurance industry’s calm and confident composure in the wake of 'superstorm' Sandy.
Insurers fight back against riot response 'spin' claims
The Association of British Insurers has hit back at the London Assembly's "disappointing" and "meaningless" report on insurers' handling of last year's riots, arguing that it fails fully to understand the complexities of the claims handling process.
Post magazine - 1 November 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
London Assembly slams insurers for 'slow' settlement of riot claims
The London Assembly has criticised insurers for being "too slow" to settle claims from last year's riots and has urged them to publish average settlement times for future major events.
Spotlight on Economy and Society: Run for cover
Underinsurance is an on-going issue for the industry and, without a concerted effort to tackle the problem, the effects of the financial storms may continue to strike.
Claims Event: ABI admits final riot claims may end up in court
The Association of British Insurers has confirmed that it is embroiled in meetings with police in a bid to conclude outstanding riot claims, and conceded that some cases may end up in court.
Choosing an insurer: Avoiding the money trap
The rush to the bottom over price by customers can only hurt the industry, but brokers are well placed to stop the rot by offering their clients advice on the difference that choosing the right insurer can make.
Claims 2012: ABI brands Riot Damages Act "inadequate"
Last year's riots in England demonstrated the need for radical reform of the Riot Damages Act, according to Aidan Kerr, head of property insurance at the Association of British Insurers.
UK riots: Reading the riot act
The out-dated Riot Damages Act, policyholder confusion and poor communication led to some heavy criticism of the industry's handling of last year's riots - but what has been learnt and what still needs to change?
Post magazine - 13 September 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
CILA adds voice to calls for Riot Act reform
The Chartered Institute of Loss Adjusters has thrown its support behind calls by the government and the Association of British Insurers to reform the 1886 Riot Damages Act by pledging on-going technical assistance to its members.
ABI demands Riot Damages Act reform one year on from civil unrest
Industry leaders are calling for urgent reform to the Riot Damages Act 1886 after publishing comprehensive claims data on the eve of the first anniversary of the UK riots.
Londoners let down by riots compensation process, claims ABI
The Association of British Insurers has accused the riot compensation scheme of "failing too many Londoners".
Claims Awards 2012: Opening address - Claims Club chairman Jonathan Swift
Introducing the 2012 Claims Awards, Claims Club chairman Jonathan Swift made a point of reminding the attendees how quickly the sector moves, and yet how adaptable companies have been in the face of these challenges.
ABI hits back following industry grilling over riot response
The ABI has moved to defend its members in the face of stinging criticism that the industry has taken too long to pay out on claims originating from riots last August.
Riot compensation scheme 'not fit for purpose'
The Association of British Insurers has called for an overhaul of the law that provides for compensation to be paid to the victims of riots.