"Research by Zurich has revealed that two-fifths of London businesses are at risk of being hit by flash floods as heavy rainfall is predicted to hit the capital. Parts of London are already experiencing flash flooding after this week’s thunderstorms, with more rainfall forecast in the coming days and weeks. Zurich’s research has shown that flooding from torrential rain threatens 42% of the capital’s 301,000 commercial buildings, while nearly half of London’s 33,200 basements in commercial use are at risk of flooding.”

(Insurance Age - August 2022)

"A rising number of UK homes now face a greater risk of flooding as climate change continues to trigger an increase in catastrophic weather occurrences – a trend that experts expect to carry on in the future.

In England alone, there are more than 5.2 million properties exposed to flood risk, according to data from the Environment Agency (EA). The non-departmental public body predicts the figure to rise in the next few years due to increasingly volatile weather.”

(Insurance Business UK - July 2022)