Industry facing £426m bill for Christmas floods

Aidan Kerr

The insurance bill for storm and flood damage over the 2013 Christmas and New Year period will cost the industry around £426m, according to the Association of British Insurers.

Aidan Kerr, ABI assistant director and head of property, said: “Insurers are playing a crucial role in helping customers affected by the storms and floods recover. Together with loss adjusters

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