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CNBC

Europe’s wildfire ‘protection gap’ is growing, insurers warn

Friday, August 7, 2026


European insurers reported that wildfire insurance coverage is not keeping pace with recovery costs from wildfires across the continent. The gap between actual disaster expenses and insured amounts has been widening, according to industry statements. Insurers did not specify which countries or time periods were included in their assessment.

Original reporting: https://www.cnbc.com/2026/08/07/wildfires-insurance-cover-zurich-allianz-munich.html

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