New Flood Market For Condos

Posted Apr, 2016

In response to NFIP rate increase and recent private flood legislation, HK has established a Lloyd's market specifically targeting condominiums.

It provides a primary $5m limit for condos with a TIV of up to $50m and utilises a NFIP compliant wording that is acceptable to both condo associations and banks.

For more information contact Paul Seymour at and Paul Lowry at