UK: Insurers seek clarity over tangible returns from infrastructure investment

"As we know, and as we have long said, flood resilience is very important in light of the rising flood risk. We continue to stress the need for a sustained, targeted government investment programme in flood management, in terms of both new projects and maintenance. Insurers view this as primarily the responsibility of central government," a spokesperson for the he Association of British Insurers told Post.

The spokesperson also said that "all parties should commit to developing a single UK infrastructure investment plan with a 20‑year time horizon. This should cover all proposed capital expenditure across all sectors, including those planned by the devolved governments."