Flood Insurance
Press Release from Munich Re, July 2014 The statistics for natural catastrophes for the first half of 2014 have been marked by pleasingly low levels of global claims. Overall economic…
Aon Affinity announces definitive agreement to acquire National Flood Services – Acquisition advances Aon Affinity’s ability to serve clients in the flood insurance sector – National Flood Services is a…
Two recently published research papers reveal the need for a radical rethinking on flood resilience. The first report, a collaboration with the Institute for Applied Systems Analysis (IIASA) and the…
The heavyweights of the global insurance industry, well aware of the risks posed to their finances by extreme weather events, have made a renewed commitment to use their financial clout…
In a previous article on this site the role of Flood Maps as they relate to the US National Flood Insurance Program (NFIP) was briefly examined. This article is intended…
DHAKA, 11 April 2014 (IRIN) – A new insurance scheme in which pre-determined flood thresholds trigger speedy compensation offers hope for poor people in flood-prone Bangladesh, experts say. “Floods adversely…
Press Release from Muncih Re, April 2014 Natural catastrophe losses in 2013 were dominated by floods. Detailed analyses have shown that protective measures can drastically reduce losses. For example, the…
Press Release – New York, March 27, 2014 Just when you stopped worrying that another Polar Vortex would bring more severe cold, snow and ice, rising spring temperatures pose another…
From figures and estimates currently available, the floods and storms that hit the United Kingdom during late 2013 and the first two months of 2014 are likely to cost the…
The HR. 3370 Bill – Homeowner Flood Insurance Affordability Act – moved a step closer to bringing into law the legislation that will roll back the huge price increases in…
Over the last few weeks everyone seems to have been talking about “flood insurance Florida”. There have been svereal articles and newspaper reports on the Biggert-Waters, the Coalition for Sustainable…
UK insurance companies have now had chance to assess the costs of the floods that hit the country in late December 2013 through to early January 2014. Yesterday, the Association…
Ventnor NJ sits on the coast of Absecon Island, Atlantic County, in between Atlantic City to the north, and Longport and Margate to the south. Ventnor City stands at an…
If you live in Oxfordshire, you will be aware that parts of the county are prone to flooding. Thousands of homes and business throughout Oxfordshire have suffered from flooding of…
Munich Re, the German insurance giant, yesterday released a report giving some insight into how natural disasters during 2013 have affected the insurance industry. Natural disasters cost insurers $31 billion…
After the storm… UK insurers now face the costs of the unusual run of winter storms and floods across the UK. The severe winter weather began with St Jude storm…
