Personal Property
UK heatwave: Could record-breaking temps spell more subsidence claims?
While the UK faces exceptionally high temperatures, prolonged periods of hot and dry weather could increase the risk of subsidence.
Following Storm Eunice, do you know your insured property exposure?
Unusual storms serve as a reminder that claims history alone won't always provide a complete view of exposure.
U.S. hail risk doesn’t have to catch London Market off guard
Higher attritional weather-related claims put a sizeable dent in many insurance and reinsurance firms’ earnings.
Oversimplifying contents cover creates challenges for home insurers
Knowing how much contents cover is appropriate in a home policy is a challenging endeavour for both insurers and their customers.
The data insights that will help crack the growing property insurance pricing conundrum
Global supply chain crunch and labour challenges create perfect storm of disruption
How can home and motor insurers adapt to looming FCA reforms?
The upcoming reforms have caused many insurers to re-evaluate their approaches to pricing home and motor policies.
Beast from the East or just a cold spell? Insurers brace for freezing weather claims
As wintry weather sweeps across the UK, many insurers are cognisant that another potential 'Beast from the East' could lead to a surge in extreme cold weather claims.
Storms Ciara, Dennis, and Jorge reinforce need for robust models
With storms Ciara, Dennis, and Jorge all contributing to the wettest February on record, it’s time for insurers to test whether their perils models are fit for purpose.
Five ways UK property underwriters can suffer from premium leakage
Learn common ways underwriters might suffer from inaccurate rates, higher loss ratios or unexpected claims costs due to missing or misstated underwriting information.
COVID-19 outbreak: Remote technologies ensure “business as usual” for claims adjusters
While the world faces logistical challenges from COVID-19, insurance claims will continue to occur, and weather-related catastrophes will not abate due to the disease.
Freezing weather and burst pipe claims: Are insurers prepared for another ‘Beast from the East’?
UK insurers saw a significant spike in escape of water and weather-related claims during Q1 2018 when Anticyclone Hartmut struck Great Britain and Ireland.
Death by a thousand cuts: Why Lloyd’s underwriters need better data for attritional losses
Not understanding the quality of a risk can lead to poor attritional loss ratios, which is why it's paramount that Lloyd’s underwriters not lose out to poor-quality data.