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The Independent UK
The Independent UK
Business
Vicky Shaw

Storms and heavy rainfall driving up property insurance payouts – ABI

Storm clouds above Whitley Bay in North Tyneside in June (Owen Humphreys/PA) - (PA Wire)

Some £1.6 billion worth of property claim payouts were made by insurers in the second quarter of this year, according to the Association of British Insurers (ABI), with adverse weather driving a significant portion of claims.

The total, to help homeowners and businesses bounce back from incidents which also include fire and theft, marks a 7% rise compared with the first quarter of 2025.

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