Weather related damage cost insurers £585mn in 2024: ABI
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email
  • Free Trial
  • Log in

Weather related damage cost insurers £585mn in 2024: ABI

The annual claims totalled £5.7bn, the largest amount paid out in any year.

By Abbie Day
February 10, 2025
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email
ABI.png

Weather related damage to homes and possessions cost £585mn ($724.5) in 2024, according to the latest data from the Association of British Insurers (ABI).

Following

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Request a free trial Already a subscriber? Log in now

Topics

News Claims and losses Property Insurers Reinsurers UK and Europe
Gift this article