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U.K.: Insurers expect $741.1 million flood bill

March 13, 2014 - 6:04am

The Association of British Insurers said flooding losses from Dec. 23, 2013 to the end of February 2014 may reach £446 million ($741 million), Reuters reported.

The industry trade body said insurers have received 17,500 flood-related claims, of which 3,100 were from businesses.

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