The Association of British Insurers (ABI) has called on the government to ensure that its climate change bill ought to consider the problems caused by "dangerous" weather conditions.
According to the ABI, the floods experienced by some parts of the UK in the summer cost the insurance industry over £3 billion, highlighting the extent of the problem.
Stephen Haddrill, director general of the ABI, said: "The consequences of climate change already in the system will be more erratic and violent weather, increased levels of storms, greater likelihood of flash, river and coastal flooding, and more intense heatwaves."
These risks need to be taken into consideration and managed "effectively", he added.
The floods resulted in approximately 100,000 domestic insurance claims and 20,000 commercial claims, the ABI recently reported.
Last month, Mr Haddrill accused the government of failing to "play its part" in providing adequate investment in the country's flood defences.
ABI calls for the government to tackle climate change
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