Flood Re reveals numbers of households in Birmingham benefitting from cheaper home insurance

Flood Re, the not-for-profit, joint initiative created by the Government and the insurance industry, has today released data for the first time on the number of homeowners benefitting from the Scheme in flood-prone areas across the UK. The Flood Re Scheme helps

Flood Re welcomes additional Government funding for flood defences

Flood Re welcomes the Government’s announcement that over £62 million in funding will be awarded to 13 projects to improve flood defences across Yorkshire, Cumbria, the North East and the South East of England. These projects should provide protection for more than

Flood Re welcomes Government funding for resilience projects

Flood Re welcomes the Government’s announcement that £2.9 million in funding has been awarded to three flood resilience projects across Yorkshire, Devon and Cornwall, and Central England. The three projects will receive up to £700,000 to boost research into, and uptake of,

Flood Re plans to make Britain more resilient to flooding

Flood Re has today announced proposals outlining how to encourage more properties across the UK to be made resilient to flooding. Flood Re was established to promote the availability and affordability of household insurance for eligible homes and, over its lifetime, enable

Inland flood defences save the UK £1.1 billion a year

£1.1 billion a year of flood damage is being prevented by the UK’s current network of river barriers and defences, according to landmark research being published today. It’s the first time the financial contribution of river water defences has been quantified in

Flood Re premiums cut by up to £112 from New Year’s Day

Scheme anticipates that households in flood-prone parts of the country may pay significantly less for home insurance from January 2019 From 1 January 2019, the Flood Re reinsurance premiums charged to insurers will be cut by up to £112. The decision is