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,...
Vulnerable to Climate Change, England Must ‘Adapt or Die’, Agency Warns October 14, 2021 England will be hit hard by floods like those that devastated Germany this summer if the country does not improve...
UK’s Aviva Calls for Urgent Action to Protect Homes, Businesses from Climate Change July 21, 2021 British insurer Aviva called on Wednesday for urgent action from policymakers, developers and insurers to protect homes and businesses from...
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...
Initial Insured Losses for UK’s February Floods Estimated at £297M (US$367.8M): PERILS April 2, 2020 Initial insured losses for the floods that hit the UK in February are estimated at £297 million (US$367.8 milion), according...
UK Insurance Claims from Storms Ciara and Dennis Estimated at US$473.7M March 9, 2020 Insurers expect to make payments to customers hit by the recent Storms Ciara and Dennis of over £363 million (US$...
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...
Update: UK Issues Severe Flood Warnings as Rivers Peak After Storm Dennis February 19, 2020 Residents in central England and Wales piled up sandbags, readied water pumps and hoped for the best Tuesday as rivers...
U.K. P&C Insurers Face Strong Competition, Claims Inflation: AM Best Report January 16, 2020 Market conditions for U.K. non-life insurers were difficult in 2019 as they continued to face strong competition and claims inflation,...
Coastal Damages from Climate Change Could Cost U.K. Economy Billions by 2050: WWF November 27, 2019 By Jill Ward The U.K. economy could face hits of more than 12 billion pounds ($15.4 billion) a year by 2050 from coastal...