In case anyone needed more convincing, new research on the benefits of river water defences has been released by Flood Re at the “Building a resilient future for the UK’s property insurance market” conference organised by the Association of British Insurers (ABI).
Conducted by Risk Management Solutions (RMS) on behalf of the reinsurance scheme, the study quantified the financial contribution of the British network of river barriers and defences based on thousands of simulations of weather events.
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