Press Release: State aid: Commission approves UK flood reinsurance scheme

Awdur (Corfforaethol)
Teitl y Gyfres
Manylion y Gyfres IP/15/3884 (29.01.15)
Dyddiad Cyhoeddi 29/01/2015
Math o Gynnwys

On 29 January 2015 the European Commission approved under EU state aid rules a UK reinsurance scheme aimed at ensuring the availability of domestic insurance at affordable prices for flood-related damage. The scheme ("Flood Re") would set up a pool to provide reinsurance for the flood risk element from those households deemed at high risk of flooding.

Dolen Ffynhonnell Link to Main Source http://europa.eu/rapid/press-release_IP-15-3884_en.htm
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