Storm Desmond insured losses could exceed 2009 Cumbria floods
Insured losses from Storm Desmond, which battered Cumbria on 5 and 6 December, could eclipse the £175m insured losses caused by flooding in the area in 2009, according to modelling firm RMS.
RMS flood risk expert Maurizio Savina said it was too early to estimate insured losses but available information suggests the losses could exceed those recorded after the 2009 Cumbria floods.
The
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