Britain’s largest insurer, Aviva, warns that more homes being built in flood-risk areas could become uninsurable in the future. Aviva chief executive Amanda Blanc says England is “for sure” building homes that may not be insurable at some point, citing rising flood exposure.
Blanc also says the flooding threat is “absolutely increasing.” The Guardian reports Aviva’s concern that if current construction continues, 115,000 homes will be built in flood zones over the next decade. The outlets also note Blanc’s criticism of government approach ahead of the budget, with the Guardian describing her comments as a warning to ministers.
The core point across the coverage is that insurers are factoring in higher flood risk when setting terms and pricing. While the BBC and The Guardian emphasize Blanc’s warning and the direction of risk, they differ in the amount of detail provided about the scale of new housing in flood zones and the specific political context referenced around budget decisions.
