11 January 2016Insurance

UK December storms to cost £1.3bn in payouts: ABI

The Association of British Insurers (ABI) says that the floods caused by storms Desmond, Eva and Frank during December and over the New Year in the UK are set to cost ABI members £1.3 billion in payouts to customers affected.

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Weeks Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk


More on this story

Insurance
2 April 2026   New function targets carrier alignment across $7.9bn GWP platform.
Insurance
2 April 2026   Appointment supports growth plans for Singapore marine MGA platform.
Insurance
2 April 2026   Appointee returns to Axa to lead UK and Ireland legal functions.