Saturday August 8, 2020

More flood-defence systems urgently needed

The government is not funding enough flood-defence systems around the country, according to the Irish Insurance Federation (IIF),which fears that insurers will be left nursing big bills in the event of severe flooding in Ireland.

28th July, 2007

The government is not funding enough flood-defence systems around the country, according to the Irish Insurance Federation (IIF),which fears that insurers will be left nursing big bills in the event of severe flooding in Ireland.

Flooding cost the Irish insurance industry €176 million between 2000 and 2004,a s a result of four severe flooding incidents. In the aftermath of these, the government set up the Flood Pol icy Review Group, which led to the...

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