Roundtable Discussion; The Future of Mineral Sands. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Insurers face $472 million bill for UK floods

Sat, 07th Mar 2020 00:01

LONDON, March 7 (Reuters) - Insurers are expected to pay
policyholders an estimated 363 million pounds ($471.79 million)
for flood and wind damage from two storms in Britain last month,
the Association of British Insurers said on Saturday.

A total of 82,000 claims have been received, the ABI said.

The anticipated payout compares with 110 million pounds for
flooding in November, and 1.3 billion pounds for storms in
December 2015.

($1 = 0.7694 pounds)
($1 = 0.7694 pounds)
(Reporting by Huw Jones; Editing by Kirsten Donovan)

Related Shares

More News
25 Apr 2024 15:14

London close: Stocks finish mixed as US GDP growth slows

(Sharecast News) - London's stock markets finished with a mixed performance on Thursday, as investors digested a slower-than-expected GDP growth readi...

25 Apr 2024 13:55

Anglo American shareholder Redwheel joins LGIM against BHP proposal

LONDON, April 25 (Reuters) - Anglo American investor Redwheel said on Thursday the buyout proposal from BHP Group "does not reflect the value" in th...

25 Apr 2024 13:19

Anglo shareholder LGIM says BHP approach "unattractive"

LONDON, April 25 (Reuters) - Legal & General Investment Management, one of the 20 largest shareholders in Anglo American said an approach by BHP...

18 Apr 2024 14:12

UK dividends calendar - next 7 days

2 Apr 2024 09:54

LONDON BROKER RATINGS: Bernstein starts AstraZeneca at 'outperform'

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning:

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.