Property at a premium

Record £4.6bn in insurance payouts made this year, figures show

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A record £4.6 billion in property insurance claims was paid out in the first nine months of 2025, according to data from members of the Association of British Insurers (ABI).

Claims payouts, helping households and businesses to recover, were £155 million higher for the year so far compared with the same period last year, the ABI said.

If the trend continues, 2025 as a whole will be a record year for property insurance payouts.

Looking at the nine-month figures, bad weather is having a significant impact on property insurance claims, accounting for around a fifth of the value - or £936 million - of claims affecting households and businesses.