Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Residents drive through the flooded center of the village of Datchet, England, on Feb. 11, 2014. (AP Photo/Lefteris Pitarakis)

Floods and powerful storms pounding the U.K. the past few months could cost the insurance industry at least 500 million pounds ($822 million), according to Bloomberg News. That figure may double if the weather conditions persist, a partner at Deloitte LLP told Bloomberg.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.


  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

Dig Deeper


Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.