Cost of December storms could breach £3bn

Storm warning

Storms Desmond, Eva and Frank hit the UK in quick succession over the holidays causing floods and damage to homes and businesses.

Mohammad Khan, general insurance leader at PwC, said the full impact of the three storms combined had not yet been fully assessed but noted: "The effects of continuing torrential weather are set to hit parts of the UK even harder.

"Our latest estimates now suggest that economic losses due to Storms Eva and Desmond will be £1.6 billion - £2.3 billion, with insured

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