Waves of extreme heat are travelling across Europe this summer, leading to soaring insurance costs and impacts on the investment portfolios of insurers. It also increases the prospect of government-backed efforts to adapt to the changing climate through creating investments in heat-resilient infrastructure.
Record heat is not new, but it is becoming more common and extreme. Provisional Met Office data up until (and including) 15 July shows that the UK’s average mean temperature so far this summer sits 1.14°C above the long-term meteorological average for summer.
Sign in to read the full article or Register for FREE and get access
SIGN IN
FREE PREMIUM ACCOUNT
Don't have an account yet?
To access
the premium content FOR FREE on Insurance Investor, you must first sign in to your account.
Not subscribed? Sign up today for free
Why subscribe? Click here for more details