AM Best predicts December storms will pressure 2015 earnings
The December 2015 storms and floods will put pressure on the 2015 earnings of UK property insurers but will have little impact on balance sheet strength and ratings, according to AM Best.
The UK was affected by three named storms in December 2015: Desmond, which landed on 5 December; Eva, which followed on 26 December; and Frank, which hit on 29 December.
Estimates from accounting firm
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