Storm
Storm Éowyn losses creep up again to £650m
Perils has increased its industry loss estimate for Storm Éowyn for a third time from €696m (£592m) to €747m (£650m).
FCA admits profiteering didn’t push up insurance prices
The Financial Conduct Authority has acknowledged the recent surge in motor insurance premiums was driven primarily by external cost pressures rather than excessive profiteering by insurers.
Big Interview: Blanca Berruguete, Descartes
Earlier this year Blanca Berruguete joined Descartes Underwriting as head of Europe, Middle East and Africa distribution and client management.
Diary of an Insurer: Criterion’s Helen Stanley
Helen Stanley, loss adjuster at Criterion, handles a difficult and emotional high-value jewellery theft, catches up with colleagues in London and visits an escape of water claim site in Suffolk.
How sinkholes will impact insurance policies
Alisa Gold, business development director of Insurance Claims Accomodation Bureau, outlines what is causing more sinkholes to appear in the UK plus the potential impact on insurance policies.
How Covid contracted the travel insurance market
Covid caused some travel insurers to beat a hasty retreat from the market but those that remain have changed the level of cover provided by policies as holidaymakers headed off again, according to Anna-Marie Duthie, insight consultant for general…
Diary of an Insurer: EFI Global’s Leanne Brumby
Leanne Brumby, principal environmental consultant for EFI Global, part of Sedgwick, educates the market about perfluoroalkyl and polyfluoroalkyl substances, walks her dog, conducts site visits and manages customers’ expectations when it comes to large…
Challenge of reframing flood risk laid bare
Unpredictable weather and the government’s building targets are forcing underwriters to rethink how they assess property flood risk, according to a panel of experts at Insurance Post’s Underwriting Club this week.
Time to deepen ties with the National Emergencies Trust
Jonathan Clark, past president of the Chartered Insurance Institute and a trustee of the National Emergencies Trust, explains why insurers should collaborate to create a more resilient society that recovers not just economically but also socially and…
Throwback Thursday: ABI bad taste; Lloyd’s Russian hoard
Insurance Post’s Throwback Thursday steps back in time to May 1990 to remind you what was going on this week in insurance history: an Association of British Insurers competition was criticised and Lloyd's protected Russian riches.
Throwback Thursday: Oil slick unpicked; BSE liability
Insurance Post’s Throwback Thursday steps back in time to May 1990 to remind you what was going on this week in insurance history: an oil slick off the Devon coast and Commercial Union was feeling under the weather.
Big Interview: Jason Richards, Swiss Re
Jason Richards, Swiss Re CEO for UK and Ireland sits down with Scott McGee to talk through company priorities, the UK property insurance market, and what he thinks must be the top priorities for the next CEO of Lloyd's.
Georges De Macedo, Covéa
Georges De Macedo was appointed CEO of Covéa Insurance UK in June 2023 and has been tasked with guiding the business through a strategic turnaround.
Jason Richards, Swiss Re
Jason Richards is responsible for managing Swiss Re’s property and casualty reinsurance business in the UK and Ireland.
Axa’s Foley on rising to the climate change challenge
View from the Top: Tara Foley, CEO of Axa UK and Ireland, explains how insurers can lead the way in building resilience to climate risks.
Quarterly weather damage claims payouts hit record £200m
In the first quarter of this year, claims for weather-related damage to people’s homes and possessions topped £200m for the first time ever, according to data from the Association of British Insurers.
Storm Éowyn losses creep up to £592m
Perils has increased its industry loss estimate for Storm Éowyn to €696m (£592m).
Is the insurance industry ready for the full force of climate change?
Bharat Raj, head of London markets at insurance consultancy Broadstone, examines whether the insurance industry is adequately prepared for the magnitude of climate change-related losses.
Was I too quick to write off loss adjusting start-ups?
Content Director’s View: Having concluded that loss adjusting start-ups are diminishing in numbers due to compliance, procurement and lack of market disruption content director Jonathan Swift revisits the question of what might help someone buck the…
Aviva and Axa hit back at claims made by Which?
Aviva and Axa have refuted claims by Which? that their “potentially unfair definitions of storms and floods” are being used to reject claims made by customers who have had their property damaged.
Trump’s tariffs impact on insurance laid bare
The introduction of US president Donald Trump’s tariffs on Wednesday (9 April) will increase the cost of claims, particularly in motor and home insurance, experts have warned.
Aviva aims to double regional PL broker GWP
Jonathan Santer, managing director of broker and affinity at Aviva, has said he wants to double the firm’s regional gross written premium in personal lines over the next 18 months.
Lessons from the LA wildfires for the UK’s flood resilience
As the scale of losses from the Los Angeles wildfires becomes clear, Marcel Le Gouais examines if insurers are ready for a climate change-induced ‘new normal’ plus how the sector needs to step up efforts to improve policyholders' risk resilience.
Big Interview: Paul Lofkin, Crawford
Paul Lofkin, president of Crawford for UK & Ireland, is going to sort out the nation’s subsidence and promises to “disrupt that market like never before”.