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More severe storms could hike UK home insurance prices 20% by 2025
01 February 2024The UK has already experienced 10 storms so far in 2024
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"Exceptional volunteer response" from actuaries in Covid-19 battle
08 April 2020Over 400 actuaries have responded to the call to arms
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Actuaries urged to join the UK's fight against Covid-19
31 March 2020Covid-19 actuaries response group issues a call to arms
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North of England flood losses could cost insurers £120m
14 November 2019More than 500 properties have been flooded and 1,200 households have been evacuated.
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Justice Committee's Ogden advice raises fear of further delay
30 November 2017MPs have told the government it must face the "real world" when implementing the new personal injury discount rate. But its recommendations may cause more delay to the process, and pain for insurers as the industry tussles with making appropriate assumptions. Paul Walsh reports
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UK government proposes higher Ogden rate
07 September 2017Promises relief for insurers and motor insurance buyers
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UK industry welcomes action on whiplash claims but urges same for Ogden
21 June 2017Queen's speech sets out plan to tackle rising motor injury claims
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The 'winners' and losers from the Ogden rate change
20 June 2017Insurers with lower retention rates increased their motor market share in Q1 as others were forced to raise prices faster. They are, however, likely to be hit harder during their reinsurance renewals, and the profits lost across the entire sector could reach £3.5bn. Callum Tanner reports
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Insurers tussle with Ogden rate assumptions
15 February 2017The UK government is due to announce a revision to the damages discount rate – at the same time as insurers are preparing their annual reports. Christopher Cundy reports