Insurance company, which sent out almost 200 claims advisers and adjustors, says about 90% of first damage assessment visits have been completed
Direct Line, one of Britain’s biggest insurers, will take a hit of up to £140m from the three storms that flooded parts of Britain in recent weeks.
The company put the total cost of clients’ claims in its home and commercial divisions at between £110m and £140m. This was less than analysts had feared, and the company’s shares rose 2% to 369.6p.
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