Flood Re, the joint Government and insurance industry scheme that helps make flood insurance available and affordable for eligible households at risk of flooding, has published its Annual Report and Accounts for the year ended 31 March 2026.
The results mark a year of strong delivery, with Flood Re supporting an estimated 353,000 households through the Scheme whilst maintaining a robust financial position as it enters its second decade. The Annual Report and Accounts come shortly after Flood Re announced a major package of reforms aimed at better targeting support towards households who need it most, strengthening property-level flood resilience and supporting a smooth transition towards a sustainable flood insurance market ahead of its planned end in 2039.
Key figures – year ended 31 March 2026:
• Estimated 353,000 policies ceded to Flood Re
• £48.8 million profit before tax
• £1,074.7 million invested and liquid assets
• Solvency Capital Rat