Aviva Chief Executive Amanda Blanc said some homes currently being built in England will likely be unable to obtain flood insurance in the future. Speaking in comments cited by BBC News and summarized by Techub, Blanc said England is "definitely" building properties that may not qualify for flood cover later on. She warned that rising flood risk linked to climate change could leave homes in some areas uninsurable. The remarks point to growing concern over how climate-related risk is affecting housing and insurance availability in parts of England. No further details on locations, timelines, or the number of affected homes were disclosed in the source summary.
Aviva Chief Executive Amanda Blanc said some homes now being built in England may not be able to obtain flood insurance in the future.
Blanc said England is "definitely" building some homes that could later fail to secure flood cover.
She warned that properties in some areas will become uninsurable as flood risk rises because of climate change.
The remarks were reported by BBC News and summarized by Techub.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.