Flood Re announces Perry Thomas as new CEO
Flood Re, the UK’s leading reinsurance scheme aimed at improving the availability and affordability of flood insurance, has announced the appointment of Perry Thomas as its new Chief Executive Officer, effective immediately, subject to regulatory approvals. Perry will succeed Stuart Logue, who has been leading the organisation on an interim basis since August 2024. Perry […]
Flood Re completes successful debut ILS catastrophe bond placement
Flood Re, the UK government-backed insurance industry-funded scheme aimed at improving the availability and affordability of flood insurance, has announced the successful completion of its debut catastrophe bond, Vision 2039 – Series 2025-1. The transaction marks Flood Re’s entry into the catastrophe bond market, securing £140,000,000 in fully-collateralised UK flood retrocessional reinsurance. The Vision 2039 […]
Flood Re launches Academy as part of market education drive
Flood Re has launched a dedicated, online, e-learning platform providing free training on the Flood Re Scheme and the Build Back Better initiative. The move is part of Flood Re’s strategic focus on spreading awareness and understanding of the Scheme and how it has evolved throughout the insurance eco-system, from underwriters and claims handlers to […]
The Rain Garden at the RHS Malvern Spring Festival
The Rain Garden, sponsored by Flood Re, has been created by John Howlett, a television and theatre director for 15 years who decided to follow his passion for garden design in 2023 and graduated with a distinction and special mention from the London College of Garden Design in 2024. The garden is inspired by the […]
Test insight – Flood Community of Practice
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