Domestic claims will reach £825m, says CILA
The cost to the insurers of the recent UK floods will be £1.5bn, according to the Chartered Institute of Loss Adjusters.
CILA estimates that domestic claims will reach £825m, while those from businesses will add up to £680m.
Last week the ABI predicted the cost of the flooding would be £1bn.
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.
