Insurance costs of Storm Eunice initially estimated to be between £200m to £350 million due to property damage, business and travel disruption
18/02/22
Mohammad Khan, General Insurance Leader at PwC UK, said:
"Based on the high winds which have led to damage to homes and commercial buildings plus extensive travel disruptions, we estimate that the insurance losses for Storm Eunice will be between £200 million to £350 million.
"It was expected that Storm Eunice would be severe and we’ve seen the strongest gusts impacting coastal areas as well as travel disruption with airlines and train operators cancelling flights and entire rail lines impacting travel across the country.
"As with Storm Dudley, insurance losses will mainly be in respect of damage to homes, commercial properties and vehicles from falling trees and flying debris."
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