UK weather-related insurance claims reach record £573m

Flood and frozen pipe damage caused by series of storms, says Association of British Insurers

Storms and heavy rain pushed up weather-related home insurance claims in the UK by more than a third last year to a record 573m, according to industry data.

The repair bill for storm damage and other extreme weather during 2023 was 150m more than in 2022, the Association of British Insurers said, contributing to an overall 10% rise in residential property claims settled last year.