Business
Warning more homes will be uninsurable due to flood risk
Aviva boss Amanda Blanc said England was "for sure" building homes that might be uninsurable at some point in the future.
BBC Business•
Homes are being built today that could become uninsurable in the future due to the risk of flooding, the boss of insurance giant Aviva has said.
Amanda Blanc said the risk of flooding is "absolutely increasing", but based on current building patterns 115,000 new 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.
In a wide-ranging interview, Blanc urged the government to avoid policy "kite flying" ahead of Chancellor John Healey's first Budget on 28 October.