Flooding
Ireland and SW UK hit by flooding
Catastrophe modelling firm AIR Worldwide reports that torrential rainfall has caused widespread disruption and damage on both sides of the Irish Sea, with the Dublin area has been the hardest hit.
$3bn Thai flood losses set to escalate as city centre inundation begins
Loss adjusters have told Post there is a “whiff of Katrina” about the Thailand floods, following predictions the disaster could cost more than the estimated $3.3bn (£2.1bn) insured losses.
Thai floods: Waters set to overwhelm Bangkok
Loss adjusters are preparing for the complete flooding of Bangkok as waters reach the centre of the city.
Thai flood losses set to escalate - Insurance News Now
Post reporter Callum Brodie outlines this week's major general insurance stories including feelings of a “whiff of Katrina” among loss adjusters about the Thailand floods that have already inundated two industrial estates in Bangkok - affecting…
Dublin City activates emergency flood plan
A major emergency has been declared in the Irish capital Dublin after severe flooding hit the city.
$3bn Thai flood losses set to escalate as city centre inundation begins
Loss adjusters have told Post there is a “whiff of Katrina” about the Thailand floods, following predictions the disaster could cost more than the estimated $3.3bn (£2.1bn) insured losses.
Claims event: ABI urges ‘shared responsibility’ for flood cover
Homeowners living in high flood risk areas could potentially see their insurance part-covered by government subsidies after the Statement of Principles agreement expires.
ABI warns over government planning reforms
The Association of British Insurers has warned that government plans to reform the planning process must not lead to unwise developments being built in flood risk areas making flood insurance more expensive or even unobtainable.
Insurance Insight October is now live
Insurance Insight October is now live with an article on ratings across Europe; a look at how a huge cloudburst in July has affect the Danish insurance market; and an interview with Alberto Corinit, formerly of the CEA and CEIOPS.
Severe weather sets new agenda for Danish insurance firms
Denmark was this year hit by the worst cloudburst ever seen in the country and experts are predicting that weather of this type will only increase. As the insurance market recovered from these claims Anne-Louise Fogtmann asks what they are doing to…
New Zealand faces mass withdrawal as earthquake claims stack up
Insurers and reinsurers could stop providing earthquake cover in New Zealand altogether, forcing its government to handle claims.
View from the top: Time for action
Insurers must fight to protect their fundamental purpose faced with the threat of external interventions, says Barry Smith, CEO, Ageas UK.
Top 100 UK insurers supplement: A man for all seasons
As CEO of Ageas UK for the last decade, radical changes in distribution, more intelligent use of capital and the financial turmoil are just a few of the changes Barry Smith has witnessed.
Top 100 UK insurers supplement: Steadying the ship
After a tough 2009, the top insurers have managed to maintain GWP levels in 2010 but snapping at their heels are a few new entrants doing their best to prove there is still money to be made in general insurance.
Top 100 UK insurers supplement - AM Commentary: An uphill struggle
With earnings down, falling reserves and diminishing returns on investments, the tough times continue for UK non-life insurers.
AIR Worldwide links with Trillium to provide geocoding to insurers
AIR Worldwide and Trillium Software have reached an agreement to provide more precise geocoding.
French academic institutes join Willis Research Network
Willis Research Network has introduced two new French members to its network.
Catastrophe poll result
Find out if the market voted for government to be the fund of last resort in catastrophes?
Monte Carlo Rendezvous: A year of catastrophes
2011 has seen a series of serious natural catastrophes follow fast on those of 2010. How will this shape debate next week at Monte Carlo?
Expert opinion: A world of information
Enthusiasm for the National Address Gazetteer has waned since it was announced this would not be free
BIS Countdown - Patrick Snowball: A hostile climate
Faced with unsettled stakeholders and challenging operating environments, Patrick Snowball argues insurers must still prove they can lead reform from the front.
Biba and government join forces over flood risk
The British Insurance Brokers’ Association is working with the government to ensure people in high-risk flood areas can still obtain insurance once the Association of British Insurers’ statement of principles expires.
Market update - High net worth: Time to raise rates in HNW?
Rates in the high net worth market are failing to reflect the risks posed, despite high claims costs. Chinwe Akomah reports on a sector that is starting to come under pressure to deliver results.
Bournemouth's streets cracked by floods
More than 60mm of rain fell in Bournemouth between 6am and midday on Thursday last week, and the average rainfall for the whole of August is less than 54mm, according to GAB Robins.