"My Lords, no matter how good one is at detection and prevention, there will always be floods. That is why it is important to have insurance. The Flood Re scheme, which was generated some years ago and was time-limited, applies only to buildings that were built before 1 January 2009 …..." Earl of Kinnoull - View Speech
"My Lords, Network Rail—being, of course, a state entity—does not buy third-party insurance from anywhere, but the insurance industry has an amazing number of modellers and information about the natural perils in the United Kingdom, particularly the sweet-water peril and the salt water peril that we are discussing. Can the …..." Earl of Kinnoull - View Speech
"My Lords, the noble Baroness, Lady Noakes, has graciously allowed me to intervene briefly. Earlier today during Question Time there were two Questions which involved insurance. I forgot to mention my insurance interests in the register. I would like to update the House’s record for that...." Earl of Kinnoull - View Speech
"My Lords, one of the precursors to the reopening of the commercial shipping lanes in the Strait of Hormuz would be the availability of reasonably priced insurance—and lots of it. The main marine insurance markets for the world are based in London. What discussions are the Government having with those …..." Earl of Kinnoull - View Speech
"My Lords, I will be brief. Finding the balance between, first, the Government’s 2024 manifesto, secondly, the maintenance of the separation of powers among the three legs of our constitutional stool—the Executive, Parliament and the judiciary—and, thirdly, the proper staffing and working of our House has taken a considerable amount …..." Earl of Kinnoull - View Speech