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Climate change: how fires and floods are creating uninsurable areas across Europe
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2 Articles
Climate change: how fires and floods are creating uninsurable areas across Europe
Severe flooding hit the town of Czechowice-Dziedzice, Southern Poland, in September 2024. Ela73/ShutterstockAs climate change makes extreme weather events more intense and frequent, “uninsurable areas” are becoming increasingly common. They are a clear demonstration that insurance – the mechanism through which modern societies deal with all kinds of risk – is structurally underprepared for this new climate era. Uninsurable areas refer to places …
According to EIOPA, the EU insurance regulator, 75% of financial losses from natural disasters in Europe were historically uninsured. The post How fires and floods create uninsurable areas across Europe appeared first on in.gr.
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Leaning Left0Leaning Right0Center1Last UpdatedBias Distribution100% Center
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100% Center
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