Important changes to Flood Re premiums

Posted on: 10 January 2019

For info: Flood Re announced changes to the reinsurance premiums it charges to insurers, taking effect on all transactions as of 1st January 2019.

The premiums it charges based on council tax bands will be reduced for certain bands.

The reductions are outlined in the attached broker notice, which is available on Home & Legacy’s website document centre.

Broker Notice – Flood Re Premium Ceding Table

 

 

 

For further information , see the Flood Re website.