• provide insight on potential issues and challenges facing the UK insurance market in relation to the ongoing availability of affordable home and commercial property insurance in the context of flood and other secondary weather perils, in particular relating to future climate and regulatory change 

• support and enable wider understanding amongst the industry, government, and the public of key issues relating to the ongoing availability of affordable home and commercial property insurance in the UK, to help influence related activity, key decisions, and developments 

• monitor and report on UK market developments in relation to the availability and affordability of flood insurance 

• develop thinking and potential solutions (in conjunction with other relevant organisations and groups) to help support the above objectives (including resilience and planning), drawing on experience, research, and activity, in the UK and elsewhere around the world 

• produce reference material for UK actuaries when considering flood and other secondary weather perils for use in pricing, reserving, and capital modelling 

• present to GIRO and develop articles to share our insights, coordinating with other relevant working parties and industry groups where possible 

• consider alternatives to risk reflective pricing, including through review of other solutions around the world 

• remain vigilant of potential market changes that impact other weather perils leading to similar issues faced to flood