Europe Faces Growing Wildfire Protection Gap, Insurers Warn
Insurers in Europe are warning of a growing 'protection gap' as the costs of wildfire recovery outpace insurance coverage. Recent wildfires in France, Spain, and Greece have highlighted the region's vulnerability to extreme weather events. Insurers like Zurich and Allianz emphasize the need for systemic intervention to mitigate risks and improve insurance coverage. The increasing frequency and severity of wildfires, coupled with rising property values, have exacerbated the financial impact on affected communities, leaving many without adequate protection. 
