"A quarter of UK properties are at risk of flood, according to a new flood model released by JBA Risk Management. The model also estimated that floods could cost UK residential properties £527 million, and that figure could rise to £1.9 billion without flood defences."

(Insurance Business UK - February 2022)

“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).”

(Insurance Times - June 2021)