Insurers could have to pay out up to 345 million euros in claims, after Storm Desmond left swathes of northern England and Scotland under water.
More than a month's rain has fallen over 24 hours in some areas, with the counties of Cumbria and Lancashire badly affected.
At least two people have died, hundreds have been forced out of their homes and power has been cut - affecting tens of thousands.
British Prime Minister has chaired an emergency government meeting to coordinate the emergenc…
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