Developers who build in high flood risk areas will find it increasingly difficult to sell properties because insurance will be unavailable or prohibitively expensive, the Association of British Insurers will warn today.

'We encourage the building industry to develop a kite mark scheme, so that buyers and insurers can easily see if a building has been designed to be climate-resilient,' Stephen Haddrill, director-general of the ABI, will say.

The association will today publish guidance to help developers ensure that their properties are flood-proof and insurable.

Financial Times