South East, Yorkshire and Humber named among Flood Re hotspots

flooding2

The initiative, which last week received authorisation from the Prudential Regulation Authority and Financial Conduct Authority and then published its first list of insurer/broker signatories, today revealed from which UK locations it estimates insurers will send policyholders to the scheme (see table, below). Flood Re said the figures - based on work from its actuarial team - were not "target" figures and a noted a "fuller picture of the number of policies that Flood Re will cover will only