Flood Re
Government flood review should focus on improving under-insurance as insurers will resist floodplain extensions
Insurers will support the government's investigation into insufficient insurance cover in the recent Yorkshire floods but will resist any attempts to widen Flood Re to cover recent floodplain developments, the Association of British Insurers has said.
Environment Secretary opens review into insurance cover after recent Yorkshire floods
The government is set to investigate the extent to which those affected by the recent flooding in Yorkshire did not have sufficient insurance cover.
Analysis: Revisiting 'Flood Re Plus' for businesses
The idea of a Flood Re Plus scheme has been mooted by Airmic as a solution for those businesses that struggled to obtain flood cover
Covea's Adrian Furness on pursuing a career in insurance
Historically people have 'fallen' into insurance rather than seeking it as a career. Adrian Furness, chief operating officer at Covéa Insurance, asks if this is changing.
Airmic moots possibility of 'Flood Re Plus' to cover commercial properties
The onset of climate change and the increased risk of flooding that comes with it could necessitate a ‘Flood Re Plus’ covering commercial properties, the UK risk management association Airmic told Post.
Analysis: Review of the Year 2019
It feels as if 2019 was an uncomfortable year for the general insurance market as it never quite seemed to grasp control of its own destiny. Wherever you look, carefully laid plans were derailed by the unexpected – and often unwanted – intervention of…
Analysis: Reservoir dams - a water-tight insurance risk?
With almost 3000 dams supplying drinking water to towns and cities they are a common feature in the UK countryside. However, when heavy rain in August threatened the integrity of the emergency spillway at Toddbrook Reservoir an emergency evacuation of…
Allianz and LV win big at 2019 British Insurance Awards: Full list of winners
Allianz was among the big winners at the 25th British Insurance Awards at the Royal Albert Hall scooping three individual awards including General Insurer of the Year.
Flood Re and Axa propose funding flood-resilient home improvements
Payouts on household flood claims could rise above the cost of damage in order to enable claimants to make their homes more resilient to future incidents, under proposals outlined by Flood Re.
Flood defences save UK £1.1bn a year
Inland flood defences reduce river flood losses by 63%, saving the UK £1.1bn annually on average, according to a recent study.
Top 100 UK insurers 2018
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?
Claims II: Flood Re sets out 2039 plans for affordable pricing
Flood Re has set out its long-term vision for when it exits the market in 2039.
Flood Re sets out 2039 plans for affordable pricing
Flood Re has set out its long-term vision for when it exits the market in 2039.
Flood Re to reduce premiums from beginning of 2019
Flood Re has said that it will be reducing premiums that it charges to insurers from the beginning of 2019.
Flood Re to freeze premiums for first time
Flood Re is set to freeze the premiums it charges to insurers for the first time.
Penny Black's social world: January 2018
Hot coffee, hampers and a heroine
Week in Post: Funding, flooding and festivities
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 signs up to Flood Re
Canopius has agreed to cede risks to the UK government-backed Flood Re scheme.
Top UK insurers 2017
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?
Interview: Danny Maleary, Vibe MGA Management
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.
Penny Black's Social World - August 2017
Daring to believe, running to achieve and a video to bereave
Flood Re to grow policies by 50%
Flood Re will increase the number of policies by 50% by next year, its CEO said.
