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A further £152million is expected to be paid on travel insurance claims as millions of holidaymakers were left with their trips cancelled.  Another £121million is estimated to be paid across other general insurance products, including events, weddings, and liability insurance. Of these claims, 123,000 claims have been settled with payment whilst a further 9,000 have received partial payments as of mid-January 2021. This has equated to £697million being paid out for these claims as of the same time. In addition, Lloyd s previously estimated a £500million cost of UK Covid claims, taking the current overall estimate up to £3billion for UK Covid insurance claims.

United kingdomHuw evansAssociation of british insuranceBritish insuranceUnited kingdom covidMo neyCorona virusஒன்றுபட்டது கிஂக்டம்ஹ எவன்ஸ்சங்கம் ஆஃப் பிரிட்டிஷ் காப்பீடுபிரிட்டிஷ் காப்பீடுகொரோனா வைரஸ்