Insurance giant reveals £60 million in flood claims

The insurance giant Aviva has revealed it is handling £60 million of claims from damage caused by the UK's floods and storms so far this year.

But despite the wide-scale disruption, the firm said the figure is in line with the amount it normally sets aside for weather events in January and February.

Costs caused by devastating floods. Credit: PA

Chief executive Mark Wilson said: "Our overriding focus is to help our customers affected by the bad weather and our teams of loss adjustors, surveyors and claims experts - the largest in the UK - have been on hand seven days a week, offering advice and support."

Among other insurers, Direct Line Group has said it is expecting a hit of up to £110 million from the storms and floods since the start of the year. The December storms in the UK had a £60 million operating profit impact, although this was offset by better weather earlier in the year.