Here are some extracts from the Hannover Re financials; Hannover Re substantially increased its Group net income in the first half of 2021 and considers itself well on track to achieve the targets set for […]
As extreme weather continues to hit Europe, Copart UK has sent members of its emergency Surge Management Team over to Germany to provide expertise and support as they deal with more than 6000 vehicles in […]
No, not the latest scandal from Whitehall, but an interesting survey from Leakbot; A study by LeakBot has revealed that 20% of surveyed homeowners had experienced 3 or more water leaks in houses they had […]
Severe flooding in Germany, Belgium the Netherlands and elsewhere has prompted rapid action from insurers. The German GDV insurer association said the events may prove to be one of the most expensive natural catastrophes of […]
Insured losses from major natural catastrophes in 2020 reached roughly US$78 billion, the fourth largest total since 2011, and about 17% higher than the ten-year average of $66.5 billion. However, the total does not reflect […]
Leading insurer Zurich UK is offering free counselling to customers hit by flooding as it warns of the devastating impact of extreme weather on mental health. Under the initiative, existing policyholders who are forced to […]
The UK government published a spending review today and the ABI has offered this response; On the development of a National Infrastructure Bank, Huw Evans, ABI’s Director General, said: “We welcome the new National Infrastructure […]
Live flood forecasting InsurTech Previsico has announced that it will join the ‘Launch Innovation Lab’, powered by Lloyds Banking Group (Lloyds), to collaborate on a solution to support Lloyds Home Insurance customers, as the frequency […]
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