Flood Re deal will be 'credit positive' for P&C players, says Moody's
Ratings agency Moody’s claims that the memorandum of understanding between the Association of British Insurers and the government on introducing the Flood Re model will be credit positive for UK property and casualty insurers.
Flood Re will supersede the Statement of Principles on the provision of flood insurance and is designed to provide certainty for insurers on their potential exposure to flood-prone UK regions by
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