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insurance

Risk

Almost 7,000 UK properties to be sacrificed to rising seas

Properties worth over £1bn will be lost to coastal erosion in England and Wales over the next century, with no compensation for homeowners, as it becomes too costly to protect them

clock 30 December 2014 •

Risk

Small businesses unprepared for growing flood risks

More than half of companies do not have resilience plans for extreme weather events, warns Federation of Small Businesses

clock 23 December 2014 •

Risk

Insurers tell Osborne £500m extra needed for flood defences

Companies and NGOs write to Chancellor George Osborne warning millions of homes could be left at risk without greater investment

clock 21 October 2014 •

Risk

Lloyd's calls on insurers to take into account climate change risk

Extreme weather as global climate alters demands a longer view and more action to avoid financial losses, says insurance firm

clock 08 May 2014 •

Risk

Homeowners and government unprepared for worsening flood risks, warns PwC

New YouGov poll reveals nearly two-fifths of people are unwilling to pay for flood insurance and adaptation measures

clock 31 March 2014 •

Risk

Chinese smog insurance: travel agency offers air pollution policies

China's largest online travel agency has launched a 'haze-travel insurance package' for tourists to claim compensation for trips ruined by pollution

clock 20 March 2014 •

Policy

Budget 2014: Critics claim increased flood defence spending fails to hit the mark

Osborne pledges £140m to help keep the tides at bay, but industry insiders warn it will fail to plug funding gap

clock 19 March 2014 •

Risk

Flooding insurance payouts reach £446m

Association of British Insurers reveals industry received 17,500 flood claims this winter as total costs to the industry expected to clear £1.1bn

clock 13 March 2014 •

Risk

Could insurance shelter the renewables sector from political risk?

New insurance product from GCube offers wind and solar developers payouts of up to $50m if governments change the terms of their contract

clock 13 March 2014 •

Politics

UK floods: Downing Street to hold clear-up summit with insurers

Flood clear-up summit comes amid fears over costs for those left out of 'Flood Re' scheme as PM faces plunging approval ratings

clock 18 February 2014 •
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