FLOODING IS ‘GREATEST NATURAL DISASTER’ RISK IN UK

Source: Insurance Times - June 2021. Photo: Chris Gallagher

Source: Insurance Times - June 2021.
Photo: Chris Gallagher

“In a joint report, the ABI and Flood Re underline the importance of maintaining flood defences 

Flooding is the ”greatest natural disaster” risk in the UK, with losses suggested at around £958m a year minus defences, according to a joint report from the Association of British Insurers (ABI) and Flood Re, published today (16 June 2021).”

Read the full Insurance Times article here.

Previous
Previous

UK GOVERNMENT PUBLISHES LONG-AWAITED BUILDING SAFETY BILL

Next
Next

SOARING PROFESSIONAL INDEMNITY INSURANCE PRICING AND LOW TRUST CREATES ‘PERFECT STORM’