All Complex Claims articles
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NewsSummer 2022 heatwave saw surge in subsidence payouts
UK insurers are expected to pay £219m in subsidence claims, caused by last summer’s ’record breaking high temperatures’, says ABI
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NewsTotal Turkey quake losses will exceed $25 billion, says RMS
Catastrophe is a wake-up call for other earthquake-prone regions, with adherence to building codes essential for resilience
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NewsPredictive analytics in an era of cascading risks
How effective data integration makes sense of complexity and takes risk management into a new era
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NewsUK subsidence claims rise by up to 500%
The summer’s extreme heat is to blame for a surge of subsidence claims in more drought-prone parts of the country
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NewsFirms face underinsurance as construction costs rise
Raw material shortages and rising energy costs are causing building costs to skyrocket, potentially leaving business out of pocket
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NewsEuropean winterstorm losses creep up to €3.74 billion - Perils
The latest estimate makes the February storms the largest European windstorm loss since Kyrill in January 2007
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NewsThe risk of underinsurance posed by inflation
Brokers have a ‘real opportunity’ to showcase their value in the face of cost and supply chain pressures
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NewsAxa braces for Ukraine-Russia claims
Some of the insurer’s crisis management policies have been ‘triggered’, reveals group chief financial officer
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NewsEffects of climate change evident in H1 cat events
The record-high temperatures in many parts of Europe is expected to drive further losses caused by droughts and wildfires
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NewsEurope counts cost of extreme heat, drought and wildfires
In many parts of Europe, human-caused climate change has resulted in annual average temperatures rising by more than 1.5°C - Munich Re
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NewsRussian gas cut-off would be uninsured - Fitch
The limited scope of BI insurance was highlighted when many firms were disrupted by pandemic-related restrictions
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NewsFire/explosion and nat cats remain top drivers of claim severity
Contingent BI claims spike due to broken supply chains, cyber claims remain elevated and inflation will add to claims severity, finds AGCS
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NewsClaims inflation will extend hard market - sigma
Global insurance premiums are set to surpass $7 trillion for the first time, with the UK and France showing strong growth in Europe
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NewsCyber war exclusions boost likelihood of claims litigation
A lack of standard, battle-tested definitions in cyber policies makes litigation more likely amid the conflict in Ukraine, warns Moody’s
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NewsEarth observation data: A new frontier
The application, accuracy and quantity of satellite data continues to explode with opportunities for risk transfer and mitigation
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OpinionDeriving insight from claims data
How advanced analytics can offer the insights needed to reduce claims frequency and severity
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News“No room for complacency” in shipping industry
Crew and port congestion challenges and the war in Ukraine are among the challenging headwinds - AGCS
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NewsCommercial rates rise for the 18th consecutive quarter
Hard market is beginning to moderate but inflationary pressure could impact pricing going forward - Marsh
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NewsPCS: Ukraine claims to exceed $20 billion
Ultimate industry losses will likely be much higher with potential for the conflict to surpass 9/11
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NewsQ1 nat cat losses reach $32 billion
Climate-related losses are likely to escalate with every additional increment of global warming - Aon