Question to the Department for Environment, Food and Rural Affairs:

To ask the Secretary of State for Environment, Food and Rural Affairs, what assessment her Department made prior to laying the Flood Reinsurance (Scheme Funding and Administration) Regulations 2015 of whether the scope of the definition of home insurance in the regulations covered only those home insurers who explicitly protected against flood risk.

We consulted widely and worked very closely with the Association of British Insurers to ensure that the Flood Reinsurance (Scheme Funding and Administration) Regulations 2015 reflect the intended policy position. As set out in the Regulations, Flood Re will assess whether an insurer is liable for levy payments (and the amount of levy they are due to pay) based on the amount of domestic property insurance an insurer covers in the UK market.