15 OCTOBER 1988, Page 18

`...and statistics'

'[Following last year's storm] insurance companies have already paid out more than £1.8 million, with 10 per cent of claims still not settled. Since more than a third of householders are uninsured, the damage actually suffered must have cost well over £1 billion.' (The Times, 8 October).

ASSUMING that the 90 per cent of claims totalling £1.8 million are no less serious than the ten per cent outstand- ing, the eventual total of claims must be about £2 million. If one adds a third as much again for the uninsured househol- ders the total damage is more like £3 million. Knowing insurance companies, the ten per cent still not settled prob- ably represents, the most expensive claims, but £997 million worth?

£20 goes to Tim Rice, of Great Milton, Oxon; send examples to . . and statistics'; £20 for the best published, £10 for every other pub- lished.