ABI predicts St Jude storm to cost insurers £130m
The Association of British Insurers is estimating insurers will have to pay out £130m to policyholders following last week’s St Jude storm.
The ABI predicts insurers could face 105 000 claims.
Aidan Kerr, ABI property head, said: “Violent weather like this is exactly what insurers expect to deal with during the year, and they will have
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