Insurance claims

RMS Estimates Hurricane Ida Losses

RMS®, the world’s leading catastrophe risk solutions company, estimates onshore and offshore U.S. insured losses from Hurricane Ida in the Gulf of Mexico to be between US$25 and US$35 billion. The estimate includes losses to the […]

Insurance claims

EU Summer Floods Could Cost Insurers $6bn-$7bn

RMS, the world’s leading catastrophe risk solutions company, estimates that insured losses from the Western and Central Europe flooding that occurred between July 12 and 18, 2021 will likely range between €5 billion and €6.5 […]

Insurance claims

QuestGates Boosts Special Investigations Team

Specialist loss adjuster QuestGates today announces a revamp of its Special Investigations Unit (SIU) with the addition of three new investigators and the adoption of new technology to deliver better quality analysis at the triage […]

Emerging Risk

Need Active Shooter Cover? There’s a Policy For That

A parametric insurance product that protects small businesses against economic losses following a shooting or malicious incident within 250m of their premises has been launched by Lloyd’s insurer AEGIS London. This is the first policy […]

Lloyd's/London Market

Marine Claims Process Takes Too Long

New research from Marine Judge – the AI Driven Marine Insurance Platform – reveals that 44% of managers involved in maritime insurance claims say the biggest challenge they face is the claims process itself taking […]

Insurance Regulation

FCA Sets Up Temporary Cryptoasset Registration

The Financial Conduct Authority (FCA) has established a Temporary Registration Regime to allow existing cryptoasset firms, who have applied to be registered with the FCA, to continue trading. The FCA is advising customers of cryptoasset […]