Flood Re
SME flood cover in doubt as Biba battles for its inclusion in Flood Re
Industry-backed affordable flood insurance was never intended to cover small businesses, according to the Association of British Insurers.
Biba vents concerns over flood cover in consultation response
The British Insurance Brokers' Association is concerned small businesses currently covered under the Statement of Principles will not be covered by the four proposals outlined in the government consultation on the future of flood cover.
Household: On shaky ground
With cracks beginning to show in the profitability of the household insurance market, is the sector set to crumble or are its foundations solid enough to see it through?
Q&A: Andy Watson: Happy days
Andy Watson reflects on his short time in charge of Ageas UK and discusses market issues, including the referral fees ban, regulation, telematics and recent job cuts in the sector.
ABI calls for industry, government partnership
The Association of British Insurers is to ask the UK government for more regular and constructive partnerships, reflecting the growing role of insurers in society.
Government will step-in if Flood Re “runs out”
The insurance industry will not be responsible for recapitalising Flood Re in the event that it “runs out of money” following a one-in-200 year event, the Association of British Insurers has confirmed.
Insurers welcome Flood Re but call for clarity over liability
Insurers’ agreement to the terms of the Statement of Principles for another two years will provide the Association of British Insurers and government enough time to resolve outstanding issues around the implementation of Flood Re, according to the trade…
Editor's comment: Flood Re: worth the wait?
When something is worth waiting for, the anticipation can make the reward even sweeter.
Interview: Anne McIntosh: Making waves
As chair of the Environment, Food and Rural Affairs Select Committee, MP Anne McIntosh has been at the forefront of the struggle to find a flood risk solution. Despite success on that front looking within reach, she tells Post the hard work is not over…