Losses concentrated in south of England
The storm that battered the UK yesterday could cost insurers between £300m and 500m, according to research by Willis Re.
Losses from the storm, which hit the UK over Sunday night, were concentrated predominantly in the south of England.
Significant damage was caused by fallen trees, which were heavily laden with leaves because of the time of year, and fallen tiles and smashed windows.
Willis Re UK’s executive director, Tim Edwards, said the damages are roughly comparable to Storm Kyrill in January 2007, which cost insurers £350m.