With insured losses totalling $54bn (£44bn), global natural disasters in 2016 combined to cause the highest economic losses in four years, according to a new report from Aon Benfield.
Catastrophe data firm Perils said flooding linked to storms Eva and Frank caused insured losses of £504m.
Nine months into the job, Cunningham Lindsey’s newly appointed CEO of UK and International, talks about a career spent on the move, and the need to keep your head above water in those sink or swim moments.
The estimated insured property market losses for Storm Desmond comes in at £604m, according to catastrophe modelling firm Perils.
Though clearly a massive humanitarian impact event, Wednesday’s earthquake in central Italy will not lead to significant losses for insurers, risk modelling firm RMS said.
He's a CEO with £24m burning a hole in his pocket but Charles Taylor boss David Marock isn't in a great hurry to spend it.
In the wake of Storm Desmond, loss adjusters have been using drones to provide an aerial view of the flood-stricken areas. They've started only recently experimenting with the technology and, initially, there was a school of thought that it's a ‘nice to…
The best way to handle a major loss is to adopt an outcome-driven approach, says Jeff Hosking, head of major damage claims at RSA. In the future, major losses will increasingly have an international dimension, he predicts, also forecasting that insurers…
More than doubling your workforce pretty much overnight would cause some people a degree of panic, but not Chris Voller, head of claims for Axa Insurance.
Claims management in the corporate space needs a tailored and clearly communicated approach, so how can insurers and brokers eradicate the grey areas to deliver this successfully?
Post editor Stephanie Denton reveals the third chapter of her epic kitchen floor leakage saga...
In the wake of the tragic crash of Virgin Galactic's SpaceShipTwo, the insurance of space travel has been headlining global news.
How much would the insurance claim for the Downton Abbey fire have been? Crawford & Company's UK Major Loss team calculates the cost of small screen disasters.
Professor James F Lygate of IFIC Forensics takes a look back at maritime disasters of the past to learn lessons for the future
Increased data availability may have transformed business interruption cover, but the sector still has much work to do in improving communication, clarity and policy wordings
Following the riots in 2011 there was considerable discussion in the media and with government ministers about the response of insurers, the performance of the claims industry and indeed the relevance and application of the Riot Damages Act.
Total economic losses from natural catastrophes and man-made disasters reached $44bn (£26.5bn) in the first half of 2014, according to preliminary estimates from Swiss Re’s Sigma database.
With Airmic’s 2014 conference taking place in Birmingham, Post asked industry movers and shakers about which city hotspots they’ll be checking out and what they expect from this year’s event
As part of Post’s countdown to the 20th anniversary of the British Insurance Awards in July, we spoke to major loss experts at insurers and claims firms who have experienced wins over the years, asking them how the industry has changed since the first…
If Malaysia Airlines' Flight MH370 is classified as a war loss, it would be one of the largest since the 2001 attacks on the World Trade Centre and would likely lead to rate to rate increases in war policies, according to S&P.
As part of Post’s countdown to the 20th anniversary of the British Insurance Awards in July, we spoke to commercial lines specialists who have experienced wins over the years, asking them how the industry has changed since the first BIAs in 1994.
Storms which rampaged across the UK and France from 23 December to 25 December are to cost insurers €275m, according to data from Perils.
Increased capacity, competition and changing market dynamics have created a buyer’s market for European cedants according to Willis Re.
Loss adjusting giant Cunningham Lindsey has made two senior members of its liability services division redundant after an efficiency drive.