Association of British Insurers £1.1 billion a year of flood damage is being prevented by the UK’s current network of river barriers and defences, according to landmark research being published today. It’s the first time the financial contribution of river water defences has been quantified in this way. The results are being unveiled today (Wed […]
Property level resilience has been understood and well documented in the UK for 20 years, and an effective supply chain in place for at least 10 years. Yet very little of the £1 billion + paid out annually by insurers to households damaged by flooding is used to install even simple resilience measures that would […]
Three perspectives, Defra, The Guardian and the Insurance industry who are not happy! Belated recognition that earlier cuts were not the right direction. 1. Defra Announcement Defra ‘An extra £700m in flood defence funding will help deliver the government’s commitment to ensure communities are protected against increasingly extreme weather. ‘This comes on top of the […]