France wildfire evacuations strain insurance and disaster risk systems in Europe
BRUSSELS, 30th July, 2026 (WAM) -- Europe is facing a growing challenge in containing the economic impact of climate-related natural disasters as wildfires, floods and heatwaves become more frequent, amid warnings that rising risks could render large parts of the continent uninsurable and place increasing pressure on governments and public finances.The widespread wildfires that swept parts of France and Spain in recent days, forcing hundreds of thousands of people to evacuate their homes, have prompted European institutions to reassess disaster risk management mechanisms as insurers face mounting losses and home and property insurance premiums continue to rise.The growing risk has... [Continue Reading]
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