Insurers may refuse to quote on new business in flood zones
Hibernian Aviva, which insures one in five Irish homes, will pay out €50m and AXA will pay out €10m for recent flood claims in what could cost the industry €250m the Sunday Post reports.
The Irish Insurance Federation (IIF) has warned insurers that might not on new business in food areas. Hibernian Aviva spokesman Alan Tyrrell said that the company’s policy would be to re-insure all existing customers who have been flooded.
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The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
