Aviva chief executive Amanda Blanc warned that England will likely build homes that become uninsurable at some point in the future.
In a recent statement, Blanc said the country was “for sure” building homes that might be uninsurable, reflecting growing concerns about the impact of flood risk on the housing market.
“England was ‘for sure’ building homes that might be uninsurable at some point in the future.”
The comment comes from one of the UK’s largest insurers, which has long dealt with the challenges of providing coverage in areas prone to flooding. The warning highlights the potential for higher premiums or outright refusal of coverage for new properties in high‑risk zones.
The statement underscores the need for stronger flood defences and careful planning by developers, regulators and homeowners alike as climate‑related risks continue to rise.
<small>Source: BBC Science — read the original story there.</small>
