The Guardian Business · Экономика · 2 ч назад
New UK homes in flood-risk areas could become uninsurable, says Aviva boss
Amanda Blanc says flooding threat is ‘absolutely increasing’, as she also warns ministers over ‘kite flying’ before budget Business live – latest updates The boss of Britain’s biggest insurer has warned that homes being built now could become uninsurable in the future because they are sited in flood-risk areas. Amanda Blanc, the chief executive of Aviva, said the flooding threat was “absolutely increasing”. Assuming…
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Flooding in Retford in Nottinghamshire, after Storm Babet battered the UK in 2023. Photograph: Joe Giddens/PA View image in fullscreen Flooding in Retford in Nottinghamshire, after Storm Babet battered the UK in 2023. Photograph: Joe Giddens/PA Insurance industry New UK homes in flood-risk areas could become uninsurable, says Aviva boss Amanda Blanc says flooding threat is ‘absolutely increasing’, as she also warns ministers over ‘kite flying’ before budget
Prefer the Guardian on Google The boss of Britain’s biggest insurer has warned that homes being built now could become uninsurable in the future because they are sited in flood-risk areas.
Amanda Blanc, the chief executive of Aviva , said the flooding threat was “absolutely increasing”. Assuming current construction patterns continue, 115,000 homes will be built in flood zones in the next decade.
“That doesn’t seem to me to make sense. We need to think about where those homes are being built,” she told the BBC .
Blanc told the BBC’s Big Boss Interview podcast that England was “for sure” building properties that might become uninsurable in the future.