Business

Insurers Warn of Growing Wildfire Protection Gap in Europe

Updated 2026-08-07 08:10 UTC 1 source Negative

European insurers warn that the cost of disaster recovery from wildfires is outpacing insurance coverage, creating a significant 'protection gap.' This issue threatens to exacerbate financial risks for businesses and individuals alike.

Coverage timeline — 2 articles
CNBC
Insurers warn that Europe is facing a "protection gap" in wildfire cover as disaster recovery costs outpace insurance coverage.
2026-08-07 07:52 UTC
CNBC
Volkswagen's top investor on Friday called on the auto giant to take immediate action to fend off intensifying competition from Chinese car brands.
2026-08-07 08:03 UTC
Share: Twitter / X LinkedIn