๐ Aviva chief executive Amanda Blanc has warned that homesโฆ
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๐ Aviva chief executive Amanda Blanc has warned that homes being built in UK flood-risk areas could become uninsurable as exposure to flooding grows.
She said 115,000 homes could be built in flood zones over the next decade if current construction patterns continue. Aviva research cited by The Guardian says nearly a third of homes built in 2024 could face some flood risk by 2050.
The warning reaches beyond Aviva customers. A government-backed resilience plan says about 6.3 million English properties are currently at flood risk, a figure projected to rise to around 8 million by mid-century. ๐
Blanc urged greater care over where homes are built and said property-resilience measures can reduce damage. The issue puts housing policy, flood adaptation and future insurance availability in direct tension.
https://nutanica.com/Aviva
She said 115,000 homes could be built in flood zones over the next decade if current construction patterns continue. Aviva research cited by The Guardian says nearly a third of homes built in 2024 could face some flood risk by 2050.
The warning reaches beyond Aviva customers. A government-backed resilience plan says about 6.3 million English properties are currently at flood risk, a figure projected to rise to around 8 million by mid-century. ๐
Blanc urged greater care over where homes are built and said property-resilience measures can reduce damage. The issue puts housing policy, flood adaptation and future insurance availability in direct tension.
https://nutanica.com/Aviva
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