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Tag: insurers
United Kingdom: Government agrees flood protection deal with insurers
2013-06-28 01:05:00| Climate Ark Climate Change & Global Warming Newsfeed
BusinessGreen: Hundreds of thousands of homeowners in areas at high risk of flooding will be able to insure their properties, after the government struck a deal with insurance companies just weeks before the current agreement was set to expire. The news of the long-awaited deal came as the government introduced its new Water Bill, which contains plans to increase competition in the water market and new measures to improve drought resilience, as well as proposals for a new national water network. Lengthy negotiations...
Tags: united
kingdom
government
protection
Climate change altering insurers' risk assessment: Geneva think tank
2013-06-24 15:34:00| Climate Ark Climate Change & Global Warming Newsfeed
Hindu: The study also acknowledged that socio-economic factors, like a growing number of homes for the wealthy built in coastal areas and flood plains, drive up insurance costs Climate change is creating more frequent and more unpredictable extreme weather events, forcing insurers to change their assessment criteria for the risk of natural disasters hitting a specific area, the Geneva Association think tank said on Monday. "Traditional approaches, which are solely based on analysing historical data,...
Tags: change
risk
assessment
tank
Climate change altering insurers' risk assessment
2013-06-24 12:16:00| Climate Ark Climate Change & Global Warming Newsfeed
Agence France-Presse: Climate change is creating more frequent and more unpredictable extreme weather events, forcing insurers to change how they assess the risk of natural disasters hitting a specific area, the Geneva Association think tank said Monday. "Traditional approaches, which are solely based on analysing historical data, increasingly fail to estimate today's hazard probabilities," the think tank for strategically important insurance and risk management issues, warned in a report. "A paradigm shift from...
Tags: change
risk
assessment
climate
Storms push insurers to boost rates
2013-06-09 12:33:56| Real Estate - Topix.net
Nancy Loft-Powers had to sell properties she owned because she could no longer afford the rates for coverage against tropical storms.
Us Stocks-Wall St up on health insurers, S&P near intraday record
2013-04-02 21:07:33| Beverages - Topix.net
U.S. stocks rose on Tuesday, pushing the S&P 500 within striking distance of its all-time intraday high, as healthcare stocks surged after a government decision raised prospects of higher profits.
Tags: health
record
intraday
insurers
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