Flood Re lists named insurers

Aviva, Hiscox and Direct Line are among the 16 insurers backed
by state-supported flood reinsurer Flood Re, it was announced today
(1 April).
Flood Re, which launches on 4 April, was designed to enable
insurers to offer competitive premiums and lower excesses to homes
with high flood risk across the UK.
The full list of providers backed by Flood Re comprises Admiral,
Avantia, Aviva, Bank of Scotland, Axa-backed Cherish Insurance,
Churchill, Direct Line, First Direct, Halifax, Hiscox, HSBC, Legal