Environmental liability
Allianz champions sustainability with 'first' ESG advisory board
Allianz has established an advisory board for company-wide environmental, social and governance issues which it says is the first of its kind.
Brokers surprised as US firm adds fracking to 'prohibited risks'
US insurer Nationwide Mutual Insurance Company has become the first major insurance company to confirm that it will not cover damage related to hydraulic fracturing.
'Unsettled' weather not over, RMS warns
The industry has been told to brace itself for further wet weather after a weekend of rain affected festivals and the Silverstone racing event in Northamptonshire.
Rural targets the south amid plans to double in size
Specialist agricultural insurer Rural Insurance has laid out plans to double in size within three years.
Zurich joins UN-backed responsible investment initiative
Zurich has signed up to a United Nations-backed network of institutional investors, asset managers and service providers that aims to promote best practice in responsible investment.
CII centenary report points to insurance role in eco-issues
Insurance is likely to play a “key role” in the global environmental future according to the Chartered Insurance Institute, which has published the third in a series of new reports marking its centenary year.
Farr launches environmental impairment liability cover
Social housing market specialist Farr has unveiled an environmental impairment cover designed to protect against legal liability arising from contamination in or under land owned by clients.
EA issues flood warnings across England and Wales
The Environment Agency has issued 36 flood warnings in England and Wales.
Cost of flooding hits £1bn per year, claims SearchFlow
A combination of climate change and underinvestment in flood defences has resulted in the annual cost of flooding in England and Wales reaching £1bn, according to research conducted by the Environment Agency and SearchFlow.
China considering sovereign guarantees to keep oil flowing
China will review the possibility of sovereign guarantees to enable the nation's ships to import Iranian crude oil after EU sanctions come into effect in July, the head of the China Shipowners' Association has said.
XL aims for 'nimble' business with restructure of International casualty unit
XL Group has restructured its International Primary Casualty business into four teams to be more nimble.
Environment: The importance of environmental impairment liability cover
With environmental legislation becoming ever more onerous and liabilities ever more costly, businesses are beginning to wake up to the importance of having environmental impairment liability cover.
EU may exempt liability insurers from Iran sanctions
The European Union is considering relaxing rules on indemnifying Iranian tankers, to allow insurers to provide cover for third-party and environmental liability.
Brokers eager to reduce carbon footprint with practical steps
Environmental policy issues should be central in the development of operations, according to the majority of brokers that took part in an Aviva poll ahead of Climate Week.
Corporate Underinsurance: Solving the problems
Underinsurance is a common problem and a collaborative approach is needed to stamp out an issue that has gone unresolved for too long
Corporate Underinsurance: Improving understanding of business interruption cover
Last year's riots brought the problem of a lack of business interruption cover to the fore. What are the solutions to underinsurance in this area?
Roundtable: Climate change - what are the implications?
Environment-related risks will shift significantly over the coming decades, so what can insurers, brokers and loss adjusters do to prepare for the future?
Post webinars - Future risk: How can the insurance industry influence the agenda in the climate change debate?
The chairman of Climatewise John Coomber recently wrote that the global response to climate change to date had been "lethargic" and "totally out of proportion with the scale of the threats we face".
View from the Top: Future Flooding
Government must play its part in achieving a satisfactory solution to flood defence
Interview - Bobby Gracey & Dr James Lygate: The future of forensics
Despite an abrupt and fractious first meeting many years ago, Bobby Gracey and Dr James Lygate are now business partners. The duo explain their plans for growth and diversification at IFIC.
Government drops flood subsidy hint as Defra weathers harsh criticism
The government has hinted it is prepared to agree to some form of subsidy for flood-prone homes to enable insurers to continue to provide affordable cover.
Impact of the French national commitment towards the environment
As changes to environmental laws begin to impact in France Gregory Allard explains how brokers and insurers must continue to innovate to ensure adequate protection is readily available.
UK faces 100 climate change risks
A government report claims the UK is one of the best-prepared nations for the implications of climate change but lists the top 100 risks the country faces.
Spotlight on environment: Extreme measures
Extreme weather events can have enormous economic costs, with huge uncertainty surrounding them. So how can this uncertainty be communicated in a meaningful way to decision makers?