Flood Re launches

UK floods minister Rory Stewart has called Flood Re a
"fantastic step forward" as the government-backed flood
reinsurance pool launches nationwide today (4 April).
Under the scheme, some 350,000 homes in flood-prone areas will
benefit from affordable home insurance.
In a statement, the minister said: "Flooding is
devastating. Nothing can take away the distress it causes.
"But affordable flood insurance will help people get back
on their feet more quickly and secure their futures, so the
governme