The Chartered Insurance Institute exists to promote higher standards of integrity, technical competence and business capability and with over 120,000 members in more than 150 countries is the world's largest professional body dedicated to insurance and financial services.

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Insurers expect to pay out an estimated £560m to help customers who suffered damage caused by the recent Storms Babet, Ciaran and Debi; it is also forecast that in 2023 motor insurers will have paid out £1.14...
Insurers expect to pay out an estimated £560m to help customers who suffered damage caused by the recent Storms Babet, Ciaran and Debi; it is also forecast that in 2023 motor insurers will have paid out £1.14...
Article / 15 days ago

Flooding - Rising risk

A trio of storms named Babet, Ciaran and Debi hit the UK in the autumn of 2023, resulting in flooding and other serious storm damage, with a devastating impact on homes and businesses. According to Association of...
A trio of storms named Babet, Ciaran and Debi hit the UK in the autumn of 2023, resulting in flooding and other serious storm damage, with a devastating impact on homes and businesses. According to Association of...
Article / 21 days ago

Storms - Batten down the hatches

At the time of writing, the UK had already suffered three major named storms – Agnes, Babet and Ciarán – which have battered the country from north to south and east to west. So far, no part of...
At the time of writing, the UK had already suffered three major named storms – Agnes, Babet and Ciarán – which have battered the country from north to south and east to west. So far, no part of...
Article / 3 months ago

Subsidence - Sinking in the heat

Hot weather returned to the UK this August after an unsettled July which made it easy to forget that the UK had just experienced its hottest and fourth-sunniest June since records began in 1884. Temperatures in 2022 also...
Hot weather returned to the UK this August after an unsettled July which made it easy to forget that the UK had just experienced its hottest and fourth-sunniest June since records began in 1884. Temperatures in 2022 also...
Article / 7 months ago

Myriad challenges facing Europe's insurers

Nearly half of all international insurance groups are European and, within Europe and beyond, the industry supports societies and economies through both the billions of euros it pays in claims...
Nearly half of all international insurance groups are European and, within Europe and beyond, the industry supports societies and economies through both the billions of euros it pays in claims...
Article / 9 months ago

Inflation goes high, we go low

Despite the Bank of England's efforts to bring the inflation rate down, headline Consumer Price Index (CPI) remained at 10.1% at the time of writing and is unlikely to drop to anywhere near the 2% target in 2023. Interest rate hikes...
Despite the Bank of England's efforts to bring the inflation rate down, headline Consumer Price Index (CPI) remained at 10.1% at the time of writing and is unlikely to drop to anywhere near the 2% target in 2023. Interest rate hikes...
Article / 11 months ago

Fire safety clause launches

Projects to tackle fire safety risks on high-rise residential buildings have been boosted by the publication of a new model insurance clause covering fire safety risks. The move follows the Grenfell Tower fire in 2017 in...
Projects to tackle fire safety risks on high-rise residential buildings have been boosted by the publication of a new model insurance clause covering fire safety risks. The move follows the Grenfell Tower fire in 2017 in...
Article / 1 year ago

Fighting the flood

After the UK’s most recent storms, Eunice and Franklin, Liz Booth reports on the profession’s latest innovations to meet the growing challenge of extreme weather...
After the UK’s most recent storms, Eunice and Franklin, Liz Booth reports on the profession’s latest innovations to meet the growing challenge of extreme weather...
Article / 2 years ago

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