Flooding
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.
View from the top: Commercial reality check
The most recent round of financial results from across the market has provided further proof, if more were needed, that commercial insurance is being sold too cheaply. Indeed, this has been the case for far too long. Action to address this is a matter of…
Climate change: Change on the horizon
Climate change is happening. Peter Höppe writes that the industry must act to limit global warming and also to provide adequate risk management and natural catastrophe cover, particularly in the developing world.
Climate change - flood defences: Manning the defences
With the government cutting the budget for flood and coastal risk management and the coming expiry of the Statement of Principles, Amy Ellis looks at the future of flood defence.
Damage management - Accreditation: A credit to the industry
The BDMA was established with the aim of raising professional standards in the damage management sector. Edward Murray reports on what it takes for firms to secure a collective corporate badge of approval.
Allianz sees Eastern European GI profits fall 54% in H1
Allianz in Central and Eastern Europe today reported total premiums increased by 5 percent to €2bn, from €1.9bn in the first half of 2009.
Empty schools at risk of metal theft this summer
Ecclesiastical has warned that this summer holiday British schools are at risk of having valuable lead stripped from their roofs by criminals, causing major damage and leaving the buildings vulnerable to flooding.
Flood risk budget is slashed
The Environment Agency's budget for flood and coastal risk management has been slashed by £30m, following the government's plans to cut public spending by £6bn.
Severe global flooding causes widespread losses in Asia
Aon Benfield has released the latest edition of its monthly cat recap report, which provides an analysis of worldwide catastrophic events in July.
Investment in flood defences must be a government priority
The Association of British Insurers who has warned today that as climate change increases flood risk, the coalition government must make investment in flood defences a priority despite the squeeze on spending.
North-west broker expands business
Insurance Broker LJM Partnership has moved to new premises in Bredbury, Stockport in a move that it says puts it in a position for further expansion.
British Insurance Awards 2010: Co-operative champions
The Cockermouth floods of 2009 affected an entire community. With lessons learned from the 2005 Carlisle event, this time two firms coordinated the recovery effort with greatly improved results, writes Stephanie Denton.
Career development & CSR news: National Flood School set to endorse contractors
The National Flood School is introducing a new contractor endorsement programme to help signpost insurance companies and consumers to a trusted network of professional flood and fire restoration professionals.
Aviva ups flood risk awareness
Aviva is to include flood advisory leaflets in its commercial renewal packs as part of acampaign to protect commercial policyholders from the impact of flooding.
Interview - Stefano Tranquillo: Sticking to the principle
FM Global's Stefano Tranquillo may have a diverse background but, he tells Lynn Rouse, the company has achieved first-class underwriting results using a risk management model that has changed little in the 175 years since it was founded.
Hurricane Alex losses of $200m predicted
Catastrophe risk modeling firm AIR Worldwide estimates that insurable losses (losses from properties that are eligible for insurance, whether or not they are actually insured) from Hurricane Alex are not expected to exceed $200m.