Insurance Post

Grenfell Tower blaze could result in claims of £50m

Grenfell Tower
twitter.com/LondonFire

The Grenfell Tower blaze could result in property and liability claims of £50m, the Norwegian carrier responsible for insuring the building said.

Protector Forsikring said in its H1 results that the fire had driven its gross combined ratio up to 143.6%.

The company previously said a large chunk of the bill could be covered by its reinsurance

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