• Keeping you up to date on Flood Re’s progress

    These reports explain what we’re achieving as an organisation, and the progress we’re making towards a transition to a future of affordable flood insurance.

Annual Report 2023

This year we have published our third Transition Plan outlining how we will support the market to transition to risk-reflective pricing as we plan for our exit in 2039. We have also seen 77% of the household insurance market commit to our Build Back Better scheme, marking a significant step forward in the UK’s transition to a flood-resilient future.

  • £109.8m
    Profit before tax of £109.8m
  • £135m
    Income from the Levy of £135m
  • £51.6m
    Gross written premiums of £51.6m

Download full report

  • The Transition Plan 2023

    This document sets out Flood Re’s vision for delivering affordable flood insurance and our approach to supporting the transition to a market for household flood insurance with risk-reflective pricing by the time we exit in 2039.

    View the plan

  • Modelling the Impact of Spending on Defence Maintenance on Flood Losses

    To support Flood Re and the Association of British Insurers (ABI), JBA carried out a research project evaluating the benefits of maintaining flood defences over a 30-year period for several different spending scenarios.

    Download report

Here you can view our latest results and financial records dating back over the years.