Insurance Age

The Association of British Insurers ..

The Association of British Insurers (ABI) has stated that although it is pleased that the Government has reaffirmed its commitment to maintaining and improving flood defences, it wants detailed reassurances about the level of spending over the next three years. Mary Francis, director general of the ABI said: "The Chancellor has not specified the precise level of flood defence investment as he did two years ago. But we note that the Government has given a commitment to the importance of flood