Flooding
Biba confirms money from IPT goes toward flood defences
The government said in its 2016 Spring Budget that the money raised by the IPT rise would go towards those affected by flooding.
The festive season for home insurance claims
Ageas statistics reveal that December claims cost on average nearly three times those of the rest of the year.
Biba launches flood scheme for businesses
Scheme developed with Landmark, Guy Carpenter and R&Q Risk Services.
Top 5: Flood prevention and management for education clients
In December 2015 nearly 40 schools were forced to close overnight following severe flooding brought on by Storms Desmond, Eva and Frank. Twelve months on Ecclesiastical’s Faith Parish prompts brokers to talk to their education clients about reducing the…
Biba welcomes flood action plan
Trade body highlights importance for SMEs to be flood resilient.
Government and insurance industry launch flood protection plan
Plan to help property owners and businesses protect themselves against flooding.
Expertise from A-Z: Taking stock of the year so far
Six months into 2016, what have been the highs and lows for the insurance industry – and what does the rest of the year have in store?
Flood Excess Insurance launched
New AR compiles UK top 20 flood risk postcode districts.
Property Insurance Initiatives Underwriting Agency launches Flood Excess
New cover available for commercial and residential property owners.
Industry tackles Flood Re challenges
Brendan McCafferty hails scheme’s impact and promises further progress
In Person: Axa's Chris Voller - Claims on the future
Axa's claims director Chris Voller on bringing claims into the digital age, new measures to tackle fraud and the implementation of Flood Re.
Government looking at a Flood Re style for SMEs, says Cameron
Prime Minister confirms government is looking at a flood insurance solution for small businesses.
Covéa Insurance's pre-tax profit falls by 26% to £15.7m
The provider's financial results for 2015 show that GWP and COR improved.
Aviva joins Flood Re for direct business with homeowners
Insurer received over 2,000 claims during the recent floods.
Flood Re publishes list of insurers
Aviva, Hiscox, Legal & General, LV and More Than among firms which will offer policies backed by the scheme.
Brokers fear IPT could hit 20%
Market concerned that the tax will continue to rise steadily in Budgets to come.
QBE Europe CEO notes increasing broker demands on commission
Richard Pryce also cites "toughest market conditions".
In-depth: Keeping it personal
The highly competitive personal lines space is no stranger to change. With further developments in technology and regulation, we examine the issues brokers and insurers are facing and what the opportunities are
Industry searches for SME flood insurance solution
Biba investigating scheme to help small businesses in flood-prone areas
Ups and downs, ins and outs
The weather had a sting in the tail for insurance in 2015 and the EU referendum may be the biggest storm on the horizon in 2016, says Paul Upton
Biba seeks to develop SME flooding solution
Association working on a solution for affordable flood insurance for businesses excluded from Flood Re.
Deloitte predicts 108% industry ratio for personal home insurance
Advisory firm expects first industry loss since 2007.
Flooding costs could push industry COR above 100%, says Fitch
Specialists say impact is unlikely to affect the ratings of insurers.
Cost of December storms could breach £3bn
PwC estimates that costs of storms Eva, Desmond and Frank could top £3bn as flooding impacts SME businesses.