News

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

FLOOD RE URGES A ‘BUILD BACK BETTER’ RECOVERY AFTER UNPRECEDENTED YEAR

This year, Flood Re processed more claims and paid out more than in the first three years of operation combined. In 2019/20, Flood Re incurred claims at a gross cost of £160m – ten times higher than the previous year. After three

Posted on 7th Jul, 2020

Flood Re helps Yorkshire residents access more affordable home insurance

In light of the recent flooding across Yorkshire, Flood Re, the not-for-profit, joint initiative between government and the insurance industry, is today launching a local campaign. The campaign seeks to raise awareness that – thanks to the Scheme – those living in

Posted on 16th Dec, 2019

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

Posted on 6th Nov, 2019

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

Posted on 13th Sep, 2019
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