M
Member
Speaking in the House of Lords on 10 March 2025
Debate
Flood Reinsurance (Amendment) Regulations 2025Contribution
I do not want to unnecessarily prolong the debate this afternoon, but I would like to know how many insurance companies are not currently members of the flood reinsurance scheme. The Minister has indicated that 75% of insurance companies are in the scheme, which indicates that roughly 25% are not. Can the Minister please confirm this? Are there any plans for this 25% of companies to join in the future? That apart, I fully support this statutory instrument.
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