Fire claims dropped almost 10% in the third quarter of 2001, the Association of British Insurers' (ABI) quarterly insurance trends review has revealed.

Fire claims in quarter two were £286m, the highest quarterly gross incurred claims amount for fire since collaboration of the figures began.

They dropped to £258m in the third quarter.

Overall, total gross incurred claims amounted to £718m in the third quarter: 35% fire claims, 28% weather damage claims and 23% theft.

Domestic subsidence claims fell from £72m to £58m, a drop of more than 19%.

However, weather damage claims were £201m, compared to £192m in the second quarter.

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