Oooh! Big Numbers!
"The Association of British Insurers (ABI) said claims were "likely to run into the low tens of millions of pounds"
Although this "Earthquake [was] felt across much of the UK", 'low tens of billions' is still barely one percent of one year's buildings insurance premiums (premia?) of around £3,000 million (page 4, 25 million households x 64% x £188 per annum). Such earthquakes only happen every few years anyway.
So, yet another BBC non-story, eh?
Wednesday 27 February 2008
"Costly payout after earthquake"
My latest blogpost: "Costly payout after earthquake"Tweet this! Posted by Mark Wadsworth at 22:43
Labels: Bastards, BBC, Earthquake, Insurance
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