UK’s Second Biggest Mortgage Lender Pulls Offers Over Flood Risk April 30, 2024 By Jessica Shankleman The UK’s second biggest mortgage provider has stopped making loans on homes at risk of flooding, over fears they may...
UK’s Flood Re Launches Scheme to Help Homowners Raise Resilience Against Floods April 18, 2022 Flood Re, the joint initiative between the UK insurance industry and the UK government to promote the availability and affordability...
One in Four UK Properties at Risk of Flood, New JBA Model Reveals February 8, 2022 One in four UK properties are at risk of flood, according to new analysis from JBA Risk Management. The flood...
Flood Re Tours UK With ‘Floodmobile’ Before COP26 to Highlight Flood Resilience October 29, 2021 Flood Re, the joint initiative between the UK government and insurance industry to help make home flood insurance more affordable,...
UK Plans to Spend $6.6 Billion on Building Flood Defenses Through 2027 July 14, 2020 By Alex Morales Prime Minister Boris Johnson proposed 5.2 billion pounds ($6.6 billion) of spending on flood defenses through 2027 as his government...
UK Insurers Could See Underwriting Losses After Storms Ciara, Dennis: Fitch February 21, 2020 Losses from storms Ciara and Dennis, which brought strong winds, torrential rain and widespread flooding to the UK, will increase...
Private Flood Insurers Not Yet Ready to Fill Massive U.S. Protection Gap January 24, 2019 By L.S. Howard The flood insurance protection gap in the United States is massive, but the take-up rate of private flood insurance continues...
UK Insurers Aviva and RSA Report Higher H1 Profits, Shrug Off Brexit Fallout August 4, 2016 By Sarah Jones Insurers Aviva Plc and RSA Insurance Group Plc shrugged off any fallout from the Brexit referendum by reporting higher first-half...
Flood Damage from UK’s Winter Storms to Cost Insurers $2 Billion: ABI May 25, 2016 Flood damage in Britain from winter storms has resulted in claims for more than 15,000 homes and businesses and is...
UK’s Flood Re Launches to Bring Affordable Flood Cover to Homeowners April 4, 2016 By L.S. Howard The U.K.’s new joint industry and government sponsored reinsurance scheme for flood risk began operating today (April 4). Designed to...