Flooding insurance payouts reach £446m

James Murray
clock •

Association of British Insurers reveals industry received 17,500 flood claims this winter as total costs to the industry expected to clear £1.1bn

Insurance payouts relating to the extreme weather that buffeted the UK this winter are expected to reach £1.1bn, according to new figures from the Association of British Insurers (ABI) that show the cost...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

James Murray
Author spotlight

James Murray

View profile
More from James Murray

IRENA: 'Electrification and renewables must accelerate dramatically'

'Investors are not abandoning sustainability': Three quarters of retail investors expect sustainability to inform decisions

More on Risk

EPCs for flooding: New performance certificates promise to assess property flood risk
Risk

EPCs for flooding: New performance certificates promise to assess property flood risk

Government and Flood Re to test new certificates for homeowners and insurers this year in areas at high risk of flooding, before wider rollout in 2027

Stuart Stone
Stuart Stone
clock 13 October 2026 • 4 min read
Government launches new 'one stop shop' for flood advice
Risk

Government launches new 'one stop shop' for flood advice

Flood Action Online service launched to mark start of Flood Action Week, as government pledges to improve protection for 200,000 properties

James Murray
James Murray
clock 12 October 2026 • 3 min read
Farm fire costs rise to £118m as record temperatures take toll on farmers
Risk

Farm fire costs rise to £118m as record temperatures take toll on farmers

Agricultural vehicle fires added an extra £32m in costs as farmers deal with the 'devastating' impacts

Mia Willemsen, Farmers Guardian
clock 12 October 2026 • 2 min read