UK Floods Raise Specter of ‘Mortgage Prisoners’ for Banks February 19, 2026 By Alastair Marsh and Olivia Rudgard As the prospect of flood damage haunts an ever larger number of UK homes, the country’s banks are under growing...
Viewpoint: East London Faces Risks of Extreme Flooding – But Resilience Can Be Built February 13, 2026 By Ravindra Jayaratne and Maciej Pawlik More than 1,000 properties flooded in London in 2021, resulting in insurance losses of more than £281 million. Record-breaking floods...
Britain Raises Insurance Premium Tax to 10% to Fund Flood Defenses March 16, 2016 Britain’s finance minister George Osborne said on Wednesday he would raise the tax on motor and home insurance premiums by...
UK Battered by Relentless Winter Storms, Floods: AIR Analysis February 12, 2014 A report from catastrophe modeling firm AIR Worldwide notes that “since October 2013, the United Kingdom has been experiencing a...