The estimated insured property market losses for Storm Desmond comes in at £604m, according to catastrophe modelling firm Perils.
In its fourth and final loss estimate for the floods in the UK which occurred from 4 to 24 December 2015, Perils increased its loss estimation by £7m. Storm Desmond brought record-breaking rainfall...
RSA made more than 900 redundancies last year and plans to make an additional £50m in cost savings.
Information gathered from blackbox telematics has been used successfully to reveal a dishonest customer claim involving a hire vehicle.
More jobs could be lost as a result of the government's whiplash reforms than were lost in the South Wales steel industry last year, Access to Justice told Post.
The expected discount rate reduction has shaved off £10m of profit from motor insurer ERS.