Insurers expect to pay out £500 million to support customers

May 2022


Insurers expect to pay out nearly £500 million to support customers hit by damage from Storms Dudley, Eunice and Franklin 

The damage caused by Storms Dudley, Eunice and Franklin that hit much of the UK during February is expected to lead to insurers paying out nearly £500 million in dealing with 177,000 insurance claims. This overall payout figure compares to the estimated £543 million paid in storm and flood claims following Storms Ciara, Dennis and Jorge in February 2020.

The figures published by the Association of British Insurers (ABI) show that:

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