Flood Insurance
Neptune Flood Incorporated, the first all-digital, online flood insurance company has announced it has opened for business in Arkansas, Idaho and Illinois. The 6.7 million households in these three states…
PERILS, the independent Zurich-based organisation providing industry-wide catastrophe insurance data, has disclosed its initial loss estimate for the floods in the United Kingdom in February 2020. The February 2020 Floods…
In the aftermath of Storm Dennis, which has flooded over 1,6000 homes in England and South Wales, a British insurance organisation is reassuring homeowners and businesses that have suffered flood…
The Insurance Council of Australia (ICA) has declared a catastrophe for property losses caused by storms and flooding along the east coast since 05 February 2020. ICA said insurers have…
The Insurance Council of Australia (ICA) has declared a catastrophe for damage caused by storms that struck the Australian Capital Territory and parts of Victoria and New South Wales from…
Parts of northern and central England saw a month’s worth of rain fall in 24 hours on 07 November, 2019. Rivers broke their banks and the ensuing floods have caused…
Clear proof of ownership, legal experts say, is the key to unlocking vital government aid after a hurricane sweeps through. WASHINGTON, July 17 (Thomson Reuters Foundation) – Torch, radio, whistle…
In the wake of yet more costly floods in Canada, the country’s insurance industry body is calling for politicians to commit to a National Flood Action Plan. The spring flooding…
£1.1 billion a year of flood damage is being prevented by the UK’s current network of river barriers and defences, according to landmark research published by the UK insurance industry.…
Swiss Re Corporate Solutions and Airbus Aerial today announced a collaboration that will help companies efficiently identify flood risks and more accurately predict weather-related flood damage. Under the collaboration, Swiss…
Damage from flooding in March 2019 is estimated at US$8 billion from events across the globe, according to the latest report from global insurance and reinsurance broker Aon. Aon’s “Global…
Lloyd’s of London has reported a £1 billion loss for 2018 after a series of natural disasters including major hurricanes in the USA, Typhoon Jebi in Japan, and the deadly…
Editor’s note: The Trump administration plans to significantly revamp the pricing of flood insurance. While some homeowners would see their premiums rise, others would benefit from lower rates. We asked…
BARCELONA, Oct 22 (Thomson Reuters Foundation) – Disaster-prone developing nations, including Bangladesh and Indonesia, are exposed to crippling losses when storms, floods or earthquakes strike because they suffer from a…
Munich Re, one of the world’s leading providers of reinsurance, primary insurance and insurance-related risk solutions, has reported fewer severe natural disasters in the first half of the year, making…
PHNOM PENH, June 29 (Thomson Reuters Foundation) – Pacific island nations are some of the world’s most disaster-prone countries, yet only a handful have signed up to an insurance scheme…
