UK businesses pay over £1bn in damages in 2003
UK businesses suffered losses in excess of £1.1bn last year as a result of fire, theft, business interruption and weather damage to their premises, according to new statistics published by the Association of British Insurers (ABI)and analysed by Grant Thornton's insurance claims solutions team.
Overall, fire damage represented the most significant(60%) amount of commercial insurance claims, followed by theft at 17%, weather damage at 14% and business interruption at 8%.Insurance claims for
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