Insurance Post

Perils final insured loss estimate for Storm Desmond totals £604m

flood-road

The estimated insured property market losses for Storm Desmond comes in at £604m, according to catastrophe modelling firm Perils.

In its fourth and final loss estimate for the floods in the UK which occurred from 4 to 24 December 2015, Perils increased its loss estimation by £7m.

Storm Desmond brought record-breaking rainfall to

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