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News Risk Management29 Mar 2023

UK:Record-breaking heatwave leads to record insurance payouts for subsidence

| 29 Mar 2023

Insurers in UK are expected to pay £219m ($268m) in subsidence claims made in 2022, many of which were caused by 2022 summer's record-breaking high temperatures. This would be the highest expected insurance subsidence bill since 2006.

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