Record £573m paid out in weather-related home insurance claims in 2023: ABI

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Reinsurance News - Apr 15, 2024

Home insurance claims for weather-related damage reached a record £573 million last year, making it the highest on record and 36% greater than 2022’s £421 million, according to the Association of British Insurers (ABI). This substantial rise was mostly due to the succession of storms, includin...

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