News

FLOOD RE WELCOMES PUBLIC ACCOUNTS COMMITTEE’S RECOMMENDATIONS TO TACKLE FLOOD RISK

Flood Re welcomes today’s report from the Public Accounts Committee’s (PAC) on their inquiry into Managing Flood Risk, which calls for a number of recommendations to tackle the UK’s flood risk. Andy Bord, Chief Executive of Flood Re, said: “I am delighted

Posted on 26th Feb, 2021

FLOOD RE WELCOMES GOVERNMENT CONSULTATION ON MEASURES TO FURTHER SUPPORT FLOOD RESILIENCE MEASURES

Flood Re welcomes today’s announcement of the Government’s proposals to provide further support for flood resilience measures including changes to Flood Re. These changes, first announced in Flood Re’s Quinquennial Review (QQR) in July 2019, include giving Flood Re the ability to

Posted on 2nd Feb, 2021

NEW RESEARCH SHOWS 40% OF PEOPLE WHO ARE LOOKING TO MOVE HOME HAVE CHANGED THEIR PRIORITIES BECAUSE OF COVID-19

OVERWHELMING MAJORITY OF PROSPECTIVE HOME MOVERS BACK INTRODUCTION OF FLOOD PERFORMANCE CERTIFICATES New research out today (9 December) from Flood Re, the not-for-profit, joint initiative between government and the insurance industry, shows that the COVID-19 pandemic has dramatically changed what people are

Posted on 9th Dec, 2020

FLOOD RE WELCOMES S&P RATINGS UPGRADE AND RECOGNITION THAT THE SCHEME HAS “SUCCESSFULLY SURPASSED THE CRITICAL START-UP PHASE”

Flood Re welcomes today’s announcement from ratings agency Standard & Poor’s (S&P) that it has upgraded Flood Re’s credit rating to A (Stable) from A- (Stable). In its latest research update, S&P noted that Flood Re’s successful management of claims throughout the

Posted on 19th Oct, 2020

Enhancing the evidence base for property flood resilience

Installing the right combination of flood resilience measures at reinstatement could be more cost-beneficial than previously thought. The pilot study reviewed in detail a sample of 702 home insurance claims for flooding from two insurers over the years 2013 – 2019i to

Posted on 14th Aug, 2020

FLOOD RE WELCOMES GOVERNMENT INVESTMENT IN FLOOD RESILIENCE AND CHANGES TO THE SCHEME

Flood Re welcomes today’s announcement of the Government’s plans to invest in the country’s ability to tackle the risks of flooding and coastal erosion. The measures laid out in the proposals, including the investment of £5.2 billion to create around 2,000 new

Posted on 14th Jul, 2020
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