Opinion on General Insurance, Property and Casualty in Europe

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Type Product title / description Pub Price
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Escape of water claims flooding commercial property

Commercial property is witnessing an unprecedented increase in escape of water claims, mainly due to damage caused by burst water pipes and the associated costs. Insurers must do more to try and minimize the damage in order to reduce claims costs.

Published By Datamonitor
03 Apr 2014
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Expert View

3D printing may not reduce supply chain risk

The overall effect of 3D printing on manufacturers' reliance on third parties is still an unknown, and will be determined by individual businesses' supply chains. Business interruption insurers need to be aware of the individual factors to avoid overestimating the impact.

Published By Datamonitor
31 Mar 2014
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Expert View

3D printing to create new risks and opportunities for insurers

The development and use of 3D printing in manufacturing and everyday life will increase the risk businesses face from cyber-crime and intellectual property theft. This will make cyber risk cover ever more critical in the future.

Published By Datamonitor
27 Mar 2014
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Renewable energy insurance set to grow

The UK is projected to almost triple its installed offshore wind capacity between 2012 and 2020, according to a joint publication by Swiss Re and Bloomsberg. With such high growth projections, the need for adequate insurance will continue to grow alongside rising demand.

Published By Datamonitor
25 Mar 2014
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Flood defenses remain inadequate

The UK government's 2014 budget has earmarked an increase of £140m to flood defense spending. However, it seems unlikely that this will be enough to keep the number of high-risk properties in check.

Published By Datamonitor
21 Mar 2014
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Expert View

Comparison sites strive to become one-stop shops

Insurance advertising expenditure among the four largest UK comparison sites dipped in 2013, signaling a continued focus on diversified services.

Published By Datamonitor
19 Mar 2014
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Expert View

LV= encourages transparency for customers

As the FCA highlights yet another area of the insurance market that requires intervention, LV= is looking to introduce new ways to ensure transparency for consumers.

Published By Datamonitor
14 Mar 2014
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Cyber risk awareness will boost insurance take-up

New EU legislation on cyber crime will not come into effect before 2016, but the UK government's prioritization of the issue is already increasing awareness and will boost sales of cyber insurance.

Published By Datamonitor
10 Mar 2014
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Allianz has big plans to grow in commercial

Despite limited room for growth in the commercial space, Allianz plans to expand its book by £1bn over the next two years. It will have to sacrifice a share of its profits in order to achieve its target and see the expected returns.

Published By Datamonitor
10 Mar 2014
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Expert View

Still too early to measure the impact of LASPO?

Compensation Recovery Unit (CRU) figures suggest LASPO has taken the wind out of personal injury claim volumes. Yet after nine months of market forces pre-emptively driving down rates, the true impact remains uncertain.

Published By Datamonitor
04 Mar 2014

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