Petra Hielkema, chair of the European Insurance and Occupational Pensions Authority

 


Governments and banks will struggle to cope with the soaring costs of natural catastrophes such as floods and wildfires

More households will be unable to insure their homes 

and the mounting losses from natural disasters could destabilise banks, 

Petra Hielkema, chair of the European Insurance and Occupational Pensions Authority, told the Financial Times.

Financial Times 3 February 2025

https://www.ft.com/content/32b588a7-b470-4012-8bc2-f9eea3f17902


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