DWF, the global provider of integrated legal and business services, today issues the following trading update for its financial year ended 30 April 2022 (FY22).
There is always volatility in the insurance market but, clearly, the pandemic prompted an unprecedented upsurge in claims in certain areas. In February 2021, the Association of British Insurers estimated that UK insurers expected to pay £2.5 billion for claims made during the first year of the pandemic alone.