Home insurers to incur £10m flood bill

Flood

Panmure Gordon analyst Barrie Cornes has told Post that Aviva and RSA could see insurance losses of £10m to £15m from the latest round of UK flooding.

Cornes also noted that Legal & General could face a £3m loss, but stressed that it is too early to assess the true cost to insurers as the bad weather is unrelenting.

Meanwhile, the Financial Times re

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