Overall, top-line growth for the 30 largest European insurers has been steady, reflecting the underlying economic conditions throughout Europe, explain Tim Prince and Yvette Essen, director of analytics and director of research at AM Best
The heatwave that engulfed the UK in July led to a 62% increase in fire claims, according to a loss adjuster firm.
Zurich UK has seen operating profit rise 24% in H1, as a focus on commercial enabled the firm to avoid huge weather losses seen elsewhere.
Insurers should brace themselves for higher subsidence claims volumes, explains Sne Patel, head of subsidence at Crawford & Company.
Ageas UK returned to profit in H1, as strong motor gains offset losses in household.
Direct Line Group saw operating profit slide in the first half of 2018, as it was hit by weather-related claims.