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The Nexus
BUSINESSJul 1 · 12:45 UTCFINANCIAL TIMES WORLD

UK flood reinsurer pushes to cap claims and lift premiums

A UK flood reinsurer is pushing to cap claims and increase premiums after being burdened with expensive properties that have made its scheme 'regressive'. The move aims to address financial strain caused by high-cost properties within the Flood Re program.

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Flood ReorganizationUnited Kingdomplaceflood insurancetopic
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