| Author (Corporate) | European Commission: DG Communication |
|---|---|
| Series Title | Press Release |
| Series Details | IP/15/3884 (29.01.15) |
| Publication Date | 29/01/2015 |
| Content Type | News |
|
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. |
|
| Source Link | Link to Main Source http://europa.eu/rapid/press-release_IP-15-3884_en.htm |
| Subject Categories | Employment and Social Affairs, Internal Markets |
| Countries / Regions | Europe, United Kingdom |
