Fire claims dropped almost 10% in the third quarter of 2001, the Association of British Insurers' (ABI) quarterly insurance trends review has revealed.
Fire claims in quarter two were £286m, the highest quarterly gross incurred claims amount for fire since collaboration of the figures began.
They dropped to £258m in the third quarter.
Overall, total gross incurred claims amounted to £718m in the third quarter: 35% fire claims, 28% weather damage claims and 23% theft.
Domestic subsidence claims fell from £72m to £58m, a drop of more than 19%.
However, weather damage claims were £201m, compared to £192m in the second quarter.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
