UK Floods – Flood Re Sets Out Transition Plan
Flood Re, the body set up by the UK government and the insurance industry to reduce the cost of cover in flood-prone areas of the UK is set to launch…
Insurance UK
UK Flood Insurance
Report: Surface Water Flooding to Increase Sharply, Putting the Success of Flood Re Into Question
The Flood Re insurance scheme will fail to reduce flood risk and the number of London households eligible for the scheme could increase by up to 75% during its lifespan,…
Flagship Plan to Rescue Flood-Hit Home Owners Already Looks Out of Its Depth
The Environment Agency still had 25 “red” flood warnings and 140 “yellow” flood alerts in force across the UK on Monday (11 January, 2016). This comes as the Association of…
UK and Ireland Floods to Cost Zurich Insurance $275m
Zurich Insurance Group (Zurich) announced today that, based on preliminary estimates, it expects aggregate losses of approximately USD 275 million related to storms Desmond, Eva and Frank in the UK…
Insured Losses From December Storms and Floods in US and UK to Exceed $4.2 Billion
In their Global Catastrophe Recap report for this month, Aon Benfield say that total insured losses from the severe weather events at the end of December in the US and…
European Commission Approves Flood Re – UK Flood Insurance Scheme
The new UK flood insurance scheme “Flood Re” has been given the green light from the European Commission and has taken another step forward to launching. The expected launch date…
UK Floods – Flood Free Homes Campaign
A new campaign to raise the issue of long-term flood defence investment and land and water management in the UK has been launched today. Behind the “Flood Free Homes” campaign…
UK Floods – JBA Flood Maps on Landmark Labs
New flood data provided by JBA Risk Management is now included on digital maps at Landmark Labs. Currently there is a sample dataset available for the town of Goring-by-Sea in…
UK Floods – Flood Re Insurance a Step Closer
Yesterday the UK government and Association of British Insurers (ABI) announced the final agreement securing the development and delivery of Flood Re, the new flood insurance scheme for the UK.…
Flood Re Looks for Reinsurance Broker
Flood Re, the not-for-profit flood insurance fund in the UK, has published a tender for the services of a Retrocession Broker. Flood Re was set up to ensure that flood…
Insurers Say UK Needs Additional £500 Million for Flood Defences
Just 2 weeks after the Lib Dems called for increased spending on flood control in the UK, earlier this week was the turn of the insurance industry. The Association of…
The Cost of the UK Floods
From figures and estimates currently available, the floods and storms that hit the United Kingdom during late 2013 and the first two months of 2014 are likely to cost the…
174,000 Insurance Claims Made After UK Floods
UK insurance companies have now had chance to assess the costs of the floods that hit the country in late December 2013 through to early January 2014. Yesterday, the Association…
Flood Insurance Oxfordshire
If you live in Oxfordshire, you will be aware that parts of the county are prone to flooding. Thousands of homes and business throughout Oxfordshire have suffered from flooding of…
UK Insurers to Count Costs of 2013 Floods
After the storm… UK insurers now face the costs of the unusual run of winter storms and floods across the UK. The severe winter weather began with St Jude storm…
Flood Re – UK Flood Insurance
“Flood Re” is the name given to the new UK flood insurance policy. The new policy is the long awaited replacement to the Statement of Principles agreement that was set…
