Windstorm cost warning

Risk Management Solutions said a repeat of the great windstorm that hit southern England and northern France in October 1987 would result in insured losses ranging between £4bn and £7bn across Europe. The storm caused £1.4bn of losses. First published, 15 October

Flood rate relief loss

Commercial properties affected by the recent floods could be losing up to £300m in rate relief, according to building specialist Johnson FM. First published, 15 October

Rising IT costs concern

Escalating IT costs are the biggest concern for insurance managers, according to research conducted on behalf of Esist Insurance Technology. First published, 15 October

SME technology warning

Insurers and businesses must work together to make more SME technology risks insurable, according to an NIG report. It said that over two thirds of SMEs were now using broadband and were becoming dependent on it. First published, 12 October

D&O relaunch for Markel

Markel relaunched its directors’ and officers’ (D&O) policy to reflect a heightened risk exposure for UK directors. The insurer said legal changes, most notably in the Companies Act 2006, which came into force on 1 October, had prompted 20 modifications in the policy wording. First published, 15 October