Association: How do we prevent the bill of extreme weather from becoming unaffordable?
We are dealing with it more and more often: a sudden cloudburst that turns streets into rivers, or a heat wave that hits agriculture hard. The damage is often immediately visible, insurers pay out in accordance with the policy, but the real challenge lies deeper. The question is: how do we remain insured against these kinds of extreme events in the future? Now that the European Commission is working on a new climate plan, the Dutch Association of Insurers is sending a position paper to Brussels and the Dutch insurance sector is making an urgent appeal: the focus must be on preventing damage. "Europe cannot simply insure the climate impact," says Richard Weurding, managing director of the Dutch Association of Insurers.
