Flood Re is a flood 're-insurance' scheme to help support households at highest flood risk. In this CII Thinkpiece, Mark Hoban describes how the scheme works and how it is a temporary solution until the industry can develop more reflective pricing.
Topics covered:
• How Flood Re works.
• The importance of reinsurance.
• Exclusions.
• Why Flood Re benefits homeowners.
• Bringing down the cost of flooding.
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