Perils increases loss estimate for Storms Eva and Frank
Catastrophe data firm Perils has revised the loss to the property insurance market caused by Storms Eva and Frank to £578m from its initial estimate of £526m.
The storms hit the UK between 25 December 2015 and 14 January 2016 causing widespread flooding.
Storms Eva and Frank followed Storm Desmond, which Perils estimated as costing £662m.
The total property
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