UK Banks Slammed by Flood Re’s CEO for ‘Ignoring’ Mortgage Risks March 9, 2026 By Alastair Marsh and Olivia Rudgard The UK’s flood insurer of last resort says the country’s mortgage banks aren’t doing enough to prepare for the risks...
How the UK Is Keeping Flood Insurance Affordable – Until 2039 February 20, 2026 By Meilan Yan, Dalu Zhang and Neil Gunn While floods are becoming more frequent in recent years, you should still be able to buy reasonably priced home insurance....
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...
UK Is Making It Easier to Assess Public Flood-Defense Funding October 15, 2025 By Olivia Rudgard The UK is making it easier for flood defense projects to access public funds as climate change increases the risk...
UK Warned Cuts to Flood Defense Are Too Dangerous to Consider April 30, 2025 By Olivia Rudgard The UK should spare flood defense programs from budget cuts to be announced in June, as the country is already...
Insurers Pay Record Claims for Weather-Related Damage in UK: ABI February 11, 2025 Insurers paid out a record £585 million (US$724.7 million) for weather-related damage to people’s homes and possessions in 2024 in...
UK Commits £2.65 Billion to Tackle Rising Flood Risk February 5, 2025 By Olivia Rudgard The UK will spend £2.65 billion ($3.31 billion) on flood defenses to protect homes from the growing risks posed by...
UK Will Fail to Meet Flood-Defense Goals for Homes as Climate Threat Grows November 15, 2023 By Jessica Shankleman Hundreds of thousands of British homes will miss out on flood protections in the next few years as spending has...
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...