Editor’s letter - August 2012


The awful weather that we have been, so to speak, enjoying so far this summer has truly had an impact on the insurance industry. In fact the non-stop rain, rain, rain – with the exception of a few days at the end of July – has seen insurance leading the news.

Figures from the Association of British Insurers revealed that insurers will be paying out £500m due to the effect of the rain in June this year alone. That works out at £17m per day.

The floods have also brought the deadline for the ABI’s

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