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Flood Re announces reduction in reinsurance premium charges of up to £112

Scheme anticipates that households in flood-prone parts of the country will pay less for flood cover insurance from January 2019 Flood Re is today announcing it will reduce the reinsurance premiums it charges to insurers from 1 January 2019. The decision is

Posted on 1st Oct, 2018

Flood Re sets out long term vision for affordable flood insurance for all households

Flood Re has today released its second transition plan – entitled ‘Flood Re, Our Vision: Preparing for a future of affordable flood insurance” – which outlines its latest thinking on moving to affordable risk-reflective pricing by 2039. The vision sets out 12

Posted on 10th Jul, 2018

Flood Re pledges to reduce premiums in 2019

Flood Re has today announced that, for the first time, it will reduce the premiums it charges to insurers from the start of 2019. The Annual Report, which points to reviewing the premium, was published today and covers the period 1 April

Posted on 29th Jun, 2018

Flood Re freezes premiums for the first time

 – Scheme anticipates that pricing changes will benefit consumers – Flood Re has today announced that, for the first time, it will not pass on to insurers the annual increase in premium thresholds. The statute that established the Scheme increases premium thresholds

Posted on 28th Mar, 2018

Flood Re’s position on incentivising household action on flooding

“I have visited areas of the country that have flooded and have met with many homeowners who have suffered as a result. I am proud that Flood Re has enabled those living in these areas to access more affordable flood insurance. “While

Posted on 22nd Mar, 2018

Make the most of Flood Re

Call to action issued to households in flood-prone parts of the country as new data shows increased availability and affordability of home insurance for affected consumers Flood Re has today released new information which shows that the availability and affordability of home

Posted on 11th Dec, 2017
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