Weather-related insurance claims from UK homes and businesses top £1bn for first time

Michael Holder
clock • 2 min read
Credit: iStock
Image:

Credit: iStock

Succession of storms drove value of damage claims last year to record levels, as insurers grapple with worsening climate impacts

Insurance claims from UK homes and businesses saw a sharp rise last year thanks in large part to weather-related damages caused by a succession of storms, underscoring the growing challenges faced by British...

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

More on Risk

National Drought Group warns of rising summer water supply risks

National Drought Group warns of rising summer water supply risks

Group says parts of UK face increased drought risks this summer, as it warns 'every drop saved leaves more available for farmers, our local rivers and wildlife'

James Murray
clock 19 June 2026 • 3 min read
CDP: How inaction on environmental risks leave corporates at risk of $1.24tr in additional costs by 2030

CDP: How inaction on environmental risks leave corporates at risk of $1.24tr in additional costs by 2030

New report reveals how companies see $10 of potential benefit for every $1 invested in responding to physical climate risks

Stuart Stone
clock 18 June 2026 • 4 min read
Businesses are starting to recognise the difficult realities of climate change and nature loss

Businesses are starting to recognise the difficult realities of climate change and nature loss

Companies do not respond to abstract environmental narratives - they respond to measurable financial exposure, writes Sam Jackson, Director of Climate Science and Impact at Ecologi

Sam Jackson, Ecologi
clock 18 June 2026 • 4 min read