Inland flood defences reduce river flood losses by 63%, saving the UK £1.1bn annually on average, according to a recent study.
In 2017, the combined underwriting results of the largest 100 UK non-life insurers improved but remained in the red. How well did insurers perform under pressure from strong competition and unfavourable claims trends?
Flood Re has set out its long-term vision for when it exits the market in 2039.
Flood Re has said that it will be reducing premiums that it charges to insurers from the beginning of 2019.
Flood Re is set to freeze the premiums it charges to insurers for the first time.
Hot coffee, hampers and a heroine
Last night’s annual staff Christmas party at Post saw an eclectic haul of secret Santa gifts featuring a bag of root vegetables, a badly drawn caricature and, inexplicably, slime.
Canopius has agreed to cede risks to the UK government-backed Flood Re scheme.
Hit by a negative discount rate, the top 100 UK insurers reported a combined underwriting loss last year. What other challenges has the market faced?
Vibe MGA Management, an independent MGA incubator backed by Syndicate Holding, launched in June. Post sat down to talk with CEO Danny Maleary about his vision for the new venture.
Daring to believe, running to achieve and a video to bereave
Flood Re will increase the number of policies by 50% by next year, its CEO said.
A “seasoned campaigner,” Crawford & Company’s chief client officer Benedict Burke was handed the Insurance Personality of the Year prize at the British Insurance Awards last night for a sterling 18 months which has seen him make a mark on a number of…
Flood Re has reported a pre-tax profit of £130 million in its end of year results after backing 127,326 policies in its first year of operation.
More Than relaunched last week with a new advertising campaign featuring fictional Scandinavian founder Mordenn Surenns. Real-life boss of More Than Rob Flynn talks about the developments behind the scenes at the direct insurer.
Brendan McCafferty joined Axa as CEO, intermediated and direct, in February. He talks to Will Kirkman about his new role
Brokers are becoming increasingly frustrated with the Financial Conduct Authority, citing rising compliance costs and an overbearing regulatory regime as hurdles to growth and innovation
As an insurer, we do unfortunately see first-hand the devastating impact flooding can have on homes and livelihoods.
Andy Bord, interim CEO of Flood Re, has been appointed to the role permanently.
Flood Re, the non-profit flood reinsurance scheme, marks its one year anniversary today.
My one-year-old just started toddling. She was so proud after pushing her walker to the other side of the room that she applauded herself. As a result, she lost her balance and landed on her bum.
Post looks at Flood Re as it approaches its anniversary
Flood Minister and MP for Suffolk Coastal, UK government