Article 10D92 Direct Line expects claims of up to £140m from UK storms

Direct Line expects claims of up to £140m from UK storms

by
Reuters
from on (#10D92)

Insurer says actual amount of insured losses from storms Desmond, Eva and Frank will not be known for some time

Direct Line Insurance Group has estimated the total cost of clients' claims from the three storms that hit Britain in December are between 110m and 140m.

The company, Britain's largest motor insurer, said it expected claims in both its home and commercial divisions.

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