Funding for flood defences is crucial, says the ABI

19 May 202526 July 2025By admin

The Association of British Insurers (ABI) says that, between January and April this year, claims for weather-related damage to people’s homes and possessions in the UK topped £200m for the first time ever. Pay-outs surpassed the previous quarterly record from Q1 2022 by £67m.

The latest figures have prompted renewed calls from the ABI for the UK Government to commit to adequate, long-term investment in flood defences. These record pay-outs follow significant and consistent bad weather, including Storm Eowyn – which the Met Office described as the UK’s most powerful windstorm for over a decade.

The latest claims data from the ABI also reveals that in the first three months of 2025 claims for damage to homes from adverse weather totalled £226m, £80m (55%) more than the weather-related claims pay-outs in the previous quarter.

ABI members also paid out £109m to businesses for weather-related damage and business interruption. This is an increase of £7m (7%) on Q1 2024. 

flood, funding, insurance

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