Insurers Are ‘Actively Evaluating’ New Catastrophe Risks as Europe Burns
Europe’s insurers are bracing for a new era of catastrophe risk fanned by rising temperatures in the world’s fastest-warming continent. Insurers, reinsurers and brokers contacted by Bloomberg are already predicting increased premiums and bigger losses tied to natural catastrophes. Importantly, they don’t see the latest bouts of extreme heat as a temporary shock, but as … Continued
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