Archive

  • Floods inflict £1.3bn losses on UK insurers

    11 January 2016

    Average payout for each domestic claim expected to be £50,000, says ABI

  • ABI rejects calls to add businesses to Flood Re

    06 January 2016

    Prime minister David Cameron to consider expansion

  • Actuaries request extension to EU anti-competition exemption rule

    26 November 2015

    Trade association outlines dangers of removing insurance block exemption regulation

  • Flood Re appoints chief risk officer

    28 October 2015

    Michael Bartholomeusz will facilitate scheme's risk management framework

  • Insurers need public-private cyber reinsurance scheme

    29 July 2015

    Systemic nature of cyber risk means industry must have protection before the cyber market can grow, says report

  • JBA to model Flood Re's risk

    30 June 2015

    Guy Carpenter commissions multi-peril model

  • Gary McInally named chief actuary at Flood Re

    25 March 2015

    Former Canopius and PwC actuary to start role in July

  • Parties reach agreement over Flood Re

    18 December 2014

    Scheme will purchase retrocessional cover

  • British Property Federation attacks Flood Re confusion

    29 September 2014

    Says "last chance" to amend legislation

  • UK's Flood Re capitalised for 1 in 200-year event

    27 June 2013

    Agreement struck between government and industry to provide flood cover for at-risk property