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Evening Standard
Evening Standard
Vicky Shaw

Storms and flooding took record toll on insurance claims in 2024 – ABI

Insurers paid out a record £585 million for weather-related damage to people’s homes and possessions in 2024, according to the Association of British Insurers (Phil Barnett/PA) - (PA Wire)

Insurers paid out a record £585 million for weather-related damage to people’s homes and possessions in 2024, according to figures from the Association of British Insurers (ABI).

It marks the highest total since the association started collecting the data in 2017.

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