Question marks over who will foot the rising bill for flood protection are fuelling uncertainty over the future availability and affordability of insurance cover for buildings in areas at risk of flooding, MPs said today.
Over 70% of larger employers havent completed plans for pensions auto-enrolment with only nine months to go before the system begins to be put into operation, according to research by Clear Path Analysis.
Reaching agreement with government on flood insurance and getting Solvency II over the finishing line are among the top priorities for the Association of British Insurers in 2012, director general Otto Thoreson said yesterday.
Insurance rates for business with exposure to natural catastrophe risk and supply chain perils are set to continue increasing across Europe, the Middle East and Africa (EMEA) this year, Marsh said today.
Threats as diverse as attacks by cyber-terrorists and uncertainty around renewable caused by national energy policies are among the emerging risks that could blindside business executives in 2012, according to Willis Group Holdings.
The Department for Work and Pensions planned approach to equalising pension scheme benefits to take into account Guaranteed Minimum Pensions could cost £5bn more than necessary, according to Aon Hewitt.