$3bn Thai flood losses set to escalate as city centre inundation begins

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Loss adjusters have told Post there is a “whiff of Katrina” about the Thailand floods, following predictions the disaster could cost more than the estimated $3.3bn (£2.1bn) insured losses.

As the floods threatened central Bangkok on Tuesday, two manufacturing industrial estates had already been flooded. The supply chains of multinational firms including Apple and Ford Motors are said to

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60 Seconds With... Foil’s Pete Allchorne

Pete Allchorne, partner at DAC Beachcroft and president of the Forum of Insurance Lawyers, would like to be “Doctorin’ the Tardis”, finds ironing therapeutic, and can be found dancing to “Uptown Funk” by Mark Ronson and Bruno Mars.

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