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Harvey and Irma: Five lessons for the insurance industry

written by Matthew Reid, Managing Director, JBA Risk Management USA

 

Modelling the unmodelled: JBA’s new probabilistic flood model for Vietnam

Five years on from the 2011 Thailand flood event re/insurers haven't forgotten the devastating effects.

One of the most common questions we’re asked by our re/insurance clients is "where’s the next Thailand?"

JANE'S DIARY: MY EXPERIENCE OF THE KENDAL FLOODS - PART 8

 

JBA Director Jane Toothill saw the human cost of flood first-hand, after her elderly parents’ Kendal bungalow was hit badly during Storm Desmond. One year on, Jane’s Mum and Dad are finally back in their home and trying to look ahead. But work continues trying to get things back to normal. Jane tells us what it’s really like re-piecing together your home after a flood.


Day 365: A year after Desmond

Could Vietnam be the next Thailand?

 

Flood could cost Italy's residential buildings market €300 million a year, but insurance penetration remains low

 

In Europe, Italy has the largest population living in flood-prone areas and has been affected by major flood events in 1994, 2000 and 2002. Despite this, insurance penetration for flood remains low in comparison to other European countries, and is currently estimated at less than 10%. This insurance penetration rate reflects reluctance to obtain insurance, due to high premiums and reliance on state relief, and potentially inadequate risk awareness.

Jane's Diary: My experience of the Kendal floods 2015 - PART 7

Day 163

Not much on this blog for a while; not much happened apart from drying.  But drying is almost done now and repairs can begin soon. I suppose the walls will go back in first... In the meantime, the contents claim is settled, but nowhere to put new furniture yet.  Day 163 is just over five months so alternative accommodation (6 months worth) is running out soon.. a new place found for an extra three months from July to September, and if the house is ready then that will have been ten months.  Then the questions about what next.

European Geosciences Union General Assembly 2016 - Review by Jessica Boyd

 

The European Geosciences Union (EGU) General Assembly is an annual scientific conference that has been hosted in Vienna for the past 12 years.

JANE'S DIARY: MY EXPERIENCE OF THE KENDAL FLOODS, 2015 - PART 6

 

23 January

So stripping out is now complete.  Best to simply show some before and after pictures.  In fact very few of these are properly before.  Who takes pictures of their house without reason?  Not us, anyway.  But here is one I took at Christmas in 2012 and the after shot:

The kitchen is more during and after:

Jane's Diary: My experience of the Kendal Floods, 2015 - Part 5


12 JANUARY 2016

Happy New Year!  Christmas at my place and we think we found all the presents eventually (although some not till well after Christmas!).  We also didn’t get flooded again and had great sympathies with other parts of Cumbria that were inundated 3 times by the time Eva and Frank were done with. 

My parents have moved into alternative accommodation about 20 minutes' drive from Kendal.  Close enough to get into town but an awkward drive compared to the 2 minute walk they’re used to.

Some signs of progress back home…

JANE'S DIARY: MY EXPERIENCE OF THE KENDAL FLOODS, 2015 - PART 4

 

15 December

My Mum finally gets online so I can see the first pictures of the house underwater.