Cracked brick wall Among U.S. insurer's troubles has been an increase in claims for household subsidence as a result of a summer heatwave. (Photo: Shutterstock)

(Bloomberg) – Just like a lot of British houses this summer, U.K. insurance stocks are sinking.

The country's nonlife insurers sector had its steepest drop in more than a year-and-a-half on Friday after its biggest constituent, RSA Insurance Group Plc, warned this year's profit has been hit by unfavorable weather at home and in North America.

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