PwC: UK insurers could face £1bn+ in flood losses this winter
Severe flooding in the UK this winter could generate insured losses of more than £1bn ($1.23bn) despite protection from state-backed reinsurance programs, according to PwC.
Severe flooding in the UK this winter could generate insured losses of more than £1bn ($1.23bn) despite protection from state-backed reinsurance programs, according to PwC.