The number of business premises used for transport logistics and warehousing in the UK has almost doubled...
Rising fire risks drive parking garage scrutiny
Parking garages — long considered benign risks by property insurers — are facing more scrutiny from underwriters and potential rate hikes as fire hazards increase with the...
Parking garages — long considered benign risks by property insurers — are facing more scrutiny from underwriters and potential rate hikes as fire hazards increase with the...
Article / 17 hours ago
Mold: Fire crews still tackling blaze after explosions - BBC News
Firefighters expect crews to be at the scene all day, North Wales Fire & Rescue says.
Firefighters expect crews to be at the scene all day, North Wales Fire & Rescue says.
bbc.co.uk /
Article / 18 hours ago
UK's Second Biggest Mortgage Lender Pulls Offers Over Flood Risk
The UK's second biggest mortgage provider has stopped making loans on homes at risk of flooding, over fears they may become uninsurable — and...
The UK's second biggest mortgage provider has stopped making loans on homes at risk of flooding, over fears they may become uninsurable — and...
Article / 2 days ago
Home premiums surge by 31% in Q1 2024 as insurer costs rise
'Home insurance premiums continued to rise in the first three months of the year,' says director...
'Home insurance premiums continued to rise in the first three months of the year,' says director...
Article / 6 days ago
PERILS lifts Windstorm Babet and Aline industry loss to €691m
The insurance industry loss from October 2023's European windstorms Babet and Aline is now estimated to be €691 million by catastrophe data aggregator PERILS AG, with a slight increase...
The insurance industry loss from October 2023's European windstorms Babet and Aline is now estimated to be €691 million by catastrophe data aggregator PERILS AG, with a slight increase...
Article / 10 days ago
Glascoed: Explosion at BAE Systems Monmouthshire site - BBC News
An incident control post has been set up, with emergency services at the scene...
An incident control post has been set up, with emergency services at the scene...
bbc.co.uk /
Article / 14 days ago
Global property insurers see 'alarming' losses as risk models lag, report says - Reuters
Global property and casualty insurers showed "alarming" underwriting losses in 2022 as natural catastrophes increased and risk models failed to keep up, a report from consultants Capgemini said on Wednesday.
Global property and casualty insurers showed "alarming" underwriting losses in 2022 as natural catastrophes increased and risk models failed to keep up, a report from consultants Capgemini said on Wednesday.
reuters.com /
Article / 15 days ago
Reinsurance Market Dynamics: April 2024
Reinsurance renewals at April 1 consolidated the progress made at 1/1, as ample capacity and increased competition for catastrophe reinsurance led to improved outcomes for the majority of insurers.
Reinsurance renewals at April 1 consolidated the progress made at 1/1, as ample capacity and increased competition for catastrophe reinsurance led to improved outcomes for the majority of insurers.
Report / 16 days ago
London returns to top spot as most expensive city to build in - Building
Capital beats three other European cities to top spot and New York...
Capital beats three other European cities to top spot and New York...
building.co.uk /
Article / 16 days ago
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 / 17 days ago