Just like a lot of British houses this summer, U.K. insurance stocks are sinking. The country’s non-life insurers sector had its steepest drop in more than a year-and-a-half on Friday after its biggest constituent, RSA Insurance Group Plc, warned this …
The UK could see a surge in subsidence due to the prolonged spell of hot and dry weather across the country, according to Sedgwick, a London-based provider of technology enabled risk, benefits and integrated business solutions. Based on the company’s …
An article on the Lloyd’s web site notes that “news reports on climate change have focused on dire predictions of more hurricanes and increasing flooding due to rising sea levels. But subsidence caused by drought, which has already become a …
According to a new study from Swiss Re, “Europe is witnessing a dramatic increase in property damage as a result of soil subsidence.” A new loss model developed by Swiss Re and the Swiss Federal Institute of Technology (ETH Zurich), …
