
Memory-loss over claims threatens market stability
The insurance industry is finding it increasingly difficult to assess the true risk to commercial and personal lines property owners due to the ever widening extremes of the weather in the UK according to Allianz Cornhill.
Last year, insurers enjoyed a year of few claims for damage to property caused by the weather. However, the company believes that insurers must change the way that risk is priced, from the historical claims model, to one more focused on the potential for weather extremes
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected].
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on E-Trading
Videos/Podcasts
Insurance Covid-Cast: How has staff productivity been impacted by remote working?
For the 35th episode of Post and Insurance Age’s video series we gathered together a panel of senior insurance managers to discuss how productive staff have been since Covid-19 lockdown, and whether it has changed as restrictions have eased?
Subscribe to our daily newsletter for all the latest news
Most read
- Insurers urged to pay claims quickly following BI ruling
- Aviva confirms office closures amid restructure
- Blog: The broker fallout from the Supreme Court BI ruling
- The Insurance Age Deal Tracker
- Supreme Court rejects insurers' appeals in BI test case judgment
- Biba reveals measures to help brokers in light of Supreme Court judgment
- Aviva’s Patrick Tiernan moves to Lloyd’s