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Expected floods could spur premium hikes: Irish Brokers Association

January 3, 2014 - 6:00am


Flooding is expected in some parts of Ireland and this could have a knock-on effect on premiums in the medium term, the Irish Brokers Association said.

The representative body warned that claims could arise in some parts of the country, Business World reported. It said insurers are adopting a zero-tolerance approach to geo-coded flood zones.

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