Flood insurance in England

Managing England’s growing flood risk requires a broad portfolio of measures to reduce the probability of flooding, keep impact and damages to a minimum and provide financial support for the residual risk. Agreeing on how we pay for this now and in the future is a challenge, with competing drivers such as fairness, economic efficiency, political feasibility and public acceptance all playing their part. After more than two years of negotiations between government and the private insurance industry, details of a new scheme (Flood Re) have now been implemented.  This report assessed the new arrangements prior to implementation.

See here the full pdf.

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