"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