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The Bank of England has published its CBES (“Climate Biennial Exploratory Scenarios”) report which assesses the financial risks resulting from climate change. In light of Flood Re’s exit from the market in 2039 both Banks and insurers highlighted the need for urgent
Every £1 spent on flood defence maintenance, saves £7 in spending on new defences. River flood defences provide a financial benefit of over half a billion pounds (£568 million) a year. A joint report published today by the Association of British Insurers (ABI)
Flood Re today announces that it has strengthened its senior team with four significant hires. The appointment of Andrea Santolalla*, Stuart Logue, Emily White and Jean Sharp* will support Flood Re’s ability to continue delivering affordable and available home insurance for those
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
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, will permit the payment of insurance claims
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