Parking garages — long considered benign risks by property insurers — are facing more scrutiny from under...
Weather damage insurance claims worst on record
Property insurers paid out the equivalent of £13 million every day last year to help homeowners and businesses cope with unexpected and unwanted events like flooding and theft, according to figures...
Property insurers paid out the equivalent of £13 million every day last year to help homeowners and businesses cope with unexpected and unwanted events like flooding and theft, according to figures...
PR / 29 days ago
Fire Safety Reinsurance Facility finalised
Reinsurance support is now in place to launch the Fire Safety Reinsurance Facility (the Facility) from 1 April 2024, in an industry intervention to help improve the availability of insurance for...
Reinsurance support is now in place to launch the Fire Safety Reinsurance Facility (the Facility) from 1 April 2024, in an industry intervention to help improve the availability of insurance for...
PR / 2 months ago
The Cost of Home Insurance Rises as Insurers Support Customers and Battle Cost Pressures
Average premium up 4% in the last quarter of 2023, as insurers support customers hit by a succession of storms battering...
Average premium up 4% in the last quarter of 2023, as insurers support customers hit by a succession of storms battering...
PR / 3 months ago
BIBA calls for IPT cuts, more flood defence spending and apprenticeship levy reform in the Spring Budget
BIBA calls for IPT cuts, more flood defence spending and apprenticeship levy reform in the Spring Budget...
BIBA calls for IPT cuts, more flood defence spending and apprenticeship levy reform in the Spring Budget...
PR / 3 months ago
The New Normal: $100 Billion in Insured Nat Cat Damages
For the fourth consecutive year 2023 saw a global insured loss exceeding US$100 billion, however with a total economic loss surpassing US$350 billion...
For the fourth consecutive year 2023 saw a global insured loss exceeding US$100 billion, however with a total economic loss surpassing US$350 billion...
PR / 4 months ago
Number of Billion-Dollar Disasters in 2023 Highest on Record
Insured losses reached $118 billion, with a protection gap of 69 percent...
Insured losses reached $118 billion, with a protection gap of 69 percent...
PR / 4 months ago
As cold snap bites, how to avoid frozen and burst pipe misery
The ABI urges households not to be caught out by the distress and expense of frozen or burst pipes as the cold snap takes charge....
The ABI urges households not to be caught out by the distress and expense of frozen or burst pipes as the cold snap takes charge....
PR / 4 months ago
Guy Carpenter Global ROL Index increased by an estimated 5.4% year-on-year.
Notable regional calculations include the US index increasing by 5.25% and Europe slightly higher at 7.6%...
Notable regional calculations include the US index increasing by 5.25% and Europe slightly higher at 7.6%...
PR / 4 months ago
We are the voice of insurance and long-term savings
The Association of British Insurers (ABI) is reassuring homeowners and businesses impacted by flooding and Storm Henk that their insurers will be ready to help and support their customers....
The Association of British Insurers (ABI) is reassuring homeowners and businesses impacted by flooding and Storm Henk that their insurers will be ready to help and support their customers....
PR / 4 months ago
Reinsurance market returns to more stability and predictability at 1/1 renewal
The global reinsurance market returned to a more stable and predictable renewal at 1/1, driven by a healthier property reinsurance market...
The global reinsurance market returned to a more stable and predictable renewal at 1/1, driven by a healthier property reinsurance market...
PR / 4 months ago
