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Flooding: Insurance

Volume 697: debated on Monday 7 January 2008

asked Her Majesty's Government:

What discussions they have had with the insurance industry on the future of flood insurance cover in the United Kingdom. [HL503]

The Association of British Insurers (ABI)'s statement of principles sets out the commitments made by ABI members towards the continued availability of flood insurance cover, together with associated commitments by the Government on effective flood risk management. We have a continuing dialogue with the insurance industry at both ministerial and official level and have agreed to work with the ABI to review the statement over the coming months.