'Perfect storm': Property insurance claims hit record high in 2025

clock • 2 min read
Credit: iStock
Image:

Credit: iStock

UK property insurance claims expected to reach £6.1bn in 2025, with £1.6bn of claims related to escalating climate impacts

UK property insurance claims during 2025 are expected to hit a record high of £6.1bn, driven in large part by extreme weather events that have become more intense as a result of climate change. That...

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

TNFD: A tick-box exercise or genuine driver of sustainable change?

TNFD: A tick-box exercise or genuine driver of sustainable change?

Collaboration between corporate risk and sustainability teams can unlock budget, boost ROI and drive long-term value through through alignment with the Taskforce on Nature-related Financial Disclosures guidelines, writes WTW's Torolf Hamm

Torolf Hamm, WTW
clock 12 March 2026 • 3 min read
Oil prices climb again, despite IEA move to release oil reserves

Oil prices climb again, despite IEA move to release oil reserves

Oil prices jump above $100 a barrel in early trading, as Iran continues to ramp up attacks on shipping and fossil fuel infrastructure across the Gulf

James Murray
clock 12 March 2026 • 4 min read
Study: 'Inseparable' social and environmental risks are leaving financial portfolios exposed

Study: 'Inseparable' social and environmental risks are leaving financial portfolios exposed

New study explores how climate-related supply chain risks can quickly become bigger credit, insurance, and operational challenges

Stuart Stone
clock 11 March 2026 • 4 min read