Subsidence claims in 2022 after the heatwave have been the highest since 2006 with expected payouts totalling £219m.

Read the full Insurance Age article here.

"Almost 200 countries have agreed to the Glasgow Climate Pact at this year's COP26 climate summit – and, of course, the insurance industry is one of the industries committed to addressing climate change.

During the conference, 190 countries agreed to the Glasgow Climate Pact at COP26 to “phase down” coal, deemed the biggest industrial source of greenhouse gas emissions, and develop stronger climate plans in 2022.”

(Insurance Business UK - November 2021)