EU insurance supervisor warns climate‑risk zones may become uninsurableExecutive summary: EIOPA chief Petra Hielkema warned that climate‑related disaster hotspots in Europe risk losing insurance coverage. The warning highlights emerging underwriting challenges and regulatory pressure as climate volatility intensifies, affecting insurers, reinsurers, and affected communities. Petra Hielkema and EIOPA, European insurers operating in high‑risk regions, and EU policymakers. EU regulators may tighten solvency requirements and incentivize risk‑mitigation measures, while insurers could adjust pricing or withdraw from affected markets.Petra Hielkema, president of EIOPA, cautioned that rising frequency and intensity of natural catastrophes could force insurers to withdraw coverage from high‑risk European regions, signalling potential regulatory and market disruptions.Connected developmentsE-Klasse: So sollen elektrische Kleinwagen aus Europa günstiger werdenDifesa, energia e produzione industriale: gli investimenti che stanno dando forma a una nuova EuropaMorning Briefing: Europa in Trumps Händen – doch eine Antwort hat es nichtHandelskonflikt: Hunderttausende Arbeitsplätze verloren – schlägt Europa gegen China zurück?Open the full case file on Beyond →
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