Aviva Warns New Homes May Become Uninsurable Due to Flood Risk

Aviva CEO Amanda Blanc said homes being built in flood-risk areas in England could become uninsurable in the future, citing an 'absolutely increasing' flooding threat. The warning highlights growing climate risks for the insurance industry and housing market.

🐿️ Building homes in floodplains is a short-sighted gamble that will leave homeowners and insurers holding the bag when premiums skyrocket or coverage vanishes.