Insurance Post

Flood Re exclusion a possibility for independent Scotland

Scotland and UK flags

An independent Scotland could be faced with the prospect of identifying an alternative to the Flood Re scheme established between the UK government and the Association of British Insurers, according to research carried out by Standard & Poor’s.

The credit ratings agency's study into the implications of a ‘yes' vote at the Scottish independence referendum on 18 September found that a vote for an independent Scotland has the potential to drive

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