Flooding
Interview: John Eves, Chartered Institute of Loss Adjusters
John Eves has replaced Jonathan Clarke as president of the Chartered Institute of Loss Adjusters. Eves will balance his new responsibility alongside his role as managing director of Irish loss adjusting firm, Thornton & Partners. The new Cila president,…
Blog: The cloudbuster’s guide to surge
Technology can’t influence the weather but can change its outcomes during surge, explains Claims Consortium’s operations director Connie Beasley.
Canopius signs up to Flood Re
Canopius has agreed to cede risks to the UK government-backed Flood Re scheme.
Insurers call for tougher rules as government launches home building plan
Insurers have called for tough new building regulations as the government plans to create thousands of new homes a year.
Sector must tackle rising escape of water claims, warns ABI
Tackling the rising costs of escape of water claims must be the “number one priority” for the domestic property insurance market, the Association of British Insurers has said.
Home premiums on the up as repair costs and fraud escalates
Home insurance premiums are soaring as rising inflation increases the cost of claims while fraud escalates, according to research findings.
This week in Post: Anti-bullying, Amex and IPOs
As the mother of a nine-year-old son who is growing up in a digital world where his life might be played out on social media I was shocked to learn that Childline held over 12,000 counselling sessions with children who were concerned about an online…
Hiscox's James Pilgrim-Morris on plugging the leaky bucket
James Pilgrim-Morris, head of claims at Hiscox UK & Ireland, says it's time to get all hands on deck to tackle escape of water.
Analysis: Energy risks: negative energy?
The insurance industry is worried about the energy sector. This already complicated and fragmented industry is getting more complex, especially with pressure from governments to increase production from renewable sources, just as the risks it faces are…
Hiscox reports hardening in market due to catastrophes
Hiscox's London market business will increase its capacity by £450 million to £1.6 billion in anticipation of a market turn due to major catastrophe losses.
Zurich's Guy Miller on climate change
Guy Miller, head of macroeconomics at Zurich, looks at the risks associated with extreme weather and anti-climate change initiatives.
Analysis: Councils: Local challenges
Local government insurance has to deal with emerging risks. How is it adapting as competition increases?
Scor braces for €430m nat cat bill in Q3
Scor estimates the cost of the Harvey, Irma and Maria hurricanes and the mexico earthquakes at €430m.
Nate makes US landfall, weakens to a tropical depression
Hurricane Nate, the fourth hurricane to make landfall in the US in the past two months, has weakened to a tropical depression.
Top UK insurers 2017
Hit by a negative discount rate, the top 100 UK insurers reported a combined underwriting loss last year. What other challenges has the market faced?
Analysis: Hurricane harm
Hurricane season has caused devastation across the Atlantic but, despite the human death toll, the impact on reinsurers is likely to be limited
Claims Club Blog: Cooperation can overcome conflict
There has been a long history of conflict between insurers and claimant lawyers. Shirley Woolham, chief operating officer at Minster Law, urges mutual understanding and cooperation.
McVitie’s factory ‘resilient’ should future storms hit: RSA
RSA has worked with McVitie’s to install flood defences in its Carlisle factory following the devastation caused by Storm Desmond, to protect against any future flooding in the area.
Maria industry losses could total $85bn
Industry insured losses for Hurricane Maria in the Caribbean will be between $40bn and $85bn, according to AIR Worldwide.
RSA's James Gearey on finding the right balance
After a 10-year break from general insurance, James Gearey, managing director of commercial risk solutions at RSA, finds the industry has moved on a lot but still needs to work on responsiveness and communications with customers.
Claims Club Blog: Communication, flexibility and empathy, the keys to claims success
The third Claims Club meet in 2017 focused on getting claims right through communication and customer service. Terry Renouf, consultant at BLM, explains.
XL Catlin's Tania Bensoussan-Arthur on creative underwriting for fine art
The world of fine art and specie underwriting needs to be as creative as the artworks it insures, explainsTania Bensoussan-Arthur, manager of XL Catlin's Specialty business in France.
Claims Club: Co-op insurance chief calls for industry collaboration during next flood event
The chief operating officer of Co-op Insurance has called on the insurance industry to collaborate better during major flood events.
Claims Club: Ogden rate change 'has triggered major underinsurance issue in liability cover'
The insurance industry is not doing enough to protect clients from underinsurance in liability claims as a result of the Ogden discount rate changes, the sector has been warned.