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

Local Elections: Reform celebrates narrow by-election win, as Greens predict strong showing

UK must grow more of its own wood to meet climate goals - new research

More on Risk

Reports: Watchdog urges banks and insurers to plug 'gaps' in tackling climate risks
Risk

Reports: Watchdog urges banks and insurers to plug 'gaps' in tackling climate risks

Bank of England to instruct banks and insurers to carry out internal reviews on climate-related risks

Stuart Stone
Stuart Stone
clock 01 May 2025 • 3 min read
CCC's Climate Adaptation Progress Report: Five key takeaways
Risk

CCC's Climate Adaptation Progress Report: Five key takeaways

The CCC has revealed the litany of government and corporate failures that are leaving the UK badly exposed to worsening climate impacts - but will anyone respond to the wake-up call?

Michael Holder
Michael Holder
clock 01 May 2025 • 13 min read
Study: More than $1tr of corporate value at risk from socio-economic climate upheaval
Risk

Study: More than $1tr of corporate value at risk from socio-economic climate upheaval

Second-order climate risks such as economic and political instability, worsening poverty, migration, and food insecurity could have huge impacts by 2050, Verisk Maplecroft warns

Stuart Stone
Stuart Stone
clock 01 May 2025 • 5 min read