Unprecedented risk and insurance challenges for coastal communities
“From a business standpoint, and at the global level, my industry is facing unprecedented challenges due to climate change. Larger and more frequent c...
Medical costs to increase in Iceland
Charges for seeing doctors and for prescription medicines in Iceland are set to increase on 1st January and the cost of ambulance transport for foreig...
Massive damage as Faroe Islands battered by hurricane-force storm
Widespread damage to property occurred in the Faroe Islands yesterday evening and night, as a fierce Atlantic storm raged by.
Hospital fire caused by faulty cables
A fire at Turku University Hospital on Friday 2nd September was caused by a short circuit in out-of-date electrical cabling, according to reports.
Icelandic insurer still under investigation despite ownership change
New ownership of the Icelandic insurance company Sjova does not mean the EFTA will stop its investigation into whether the government gave state subsi...
Icelandic insurance boss quits after regulator criticism
The board of VIS, one of Iceland’s biggest insurance companies, has granted Arnar Gunnarsson’s wish to be allowed to leave the post of com...
Central Bank of Iceland major insurance company owner
The Central Bank of Iceland now owns 73 percent of the Sjova insurance company, it was revealed in parliament today.
Danish insurers claim climate change is pushing up premiums
Danish insurance companies are planning to force up insurance premiums on the grounds that climate change is costing them money.