Hurricane Dorian Could Cost the Reinsurance Sector Billions
The costs of Hurricane Dorian could be $25 billion according to UBS, and the storm still hasn’t made landfall on the US mainland. Dorian, which is the second-strongest [...]
floods
Water Escape Claims: Grohe & LahiTapiola Present Sense Guard
water damage is the biggest risk to homes and causes more damage than fires or severe weather, only three per cent of all European households are equipped with a system for protection against water damage. [...]
ABI Says New Data Proves UK Flood Defences Are Working Well
£1.1 billion a year of flood damage is being prevented by the UK’s current network of river barriers and defences, according to landmark research being published today. [...]
Opinion: Thunderstorms Challenge Insurers to Assess Summer Flood Risk
Is the 2018 heatwave finally coming to an end? It would seem so, with thunderstorms and hail hammering its way across the UK. The weather change acts as a reminder to the [...]
Auger Urges Insurers to Streamline FNOL Process with Outsourced Expertise
A leading specialist for the UK insurance industry is urging insurers to look at ways of speeding up the claims process at the first point of contact. Chris Cowen, client [...]
Flood insurance scheme needs more resilient repairs says BIBA
BIBA will make a number of calls on the All Party Parliamentary Group on Flood Prevention to improve flood resilience [...]
2012 Cat losses to reach $125bn says Swiss Re
Total insured losses from natural catastrophes and man-made disasters will reach approximately US$125 billion in 2012, according to Swiss Re’s latest preliminary [...]
S&P predicts challenging 2013 for UK non-life market
The UK non-life insurance market is facing a range of significant challenges which will make 2012-2013 ‘difficult’ for companies, according to Standard & [...]