UK flood insurance News

UK Insurers Pull Back From Offering Cover as Flood Threats Rise

Increased flooding in Britain from overflowing rivers and blocked drains is leading insurers to pull back from offering cover, particularly for commercial properties and residential landlords, industry representatives say. London was among British cities hit by flash floods last week …

UK’s Second Biggest Mortgage Lender Pulls Offers Over Flood Risk

The UK’s second biggest mortgage provider has stopped making loans on homes at risk of flooding, over fears they may become uninsurable — and therefore, unsellable — over the coming years. Nationwide Building Society uses mapping technology to identify which …

UK’s Flood Re Launches Scheme to Help Homowners Raise Resilience Against Floods

Flood Re, the joint initiative between the UK insurance industry and the UK government to promote the availability and affordability of flood insurance, has launched a proposition designed to ensure homes are more resilient against flooding. Starting in April, participating …