Will the (re)insurance sector hold its ground while climate change is making the ground shake more than ever?
As climate change intensifies floods, storms, and heatwaves, the foundations of the (re)insurance sectors are being tested. This article explores whether natural catastrophes will remain (re)insurable in Western Europe, and what that means for Belgium, where exposure and premiums are both rising. Drawing on unique industry data, it highlights how climate risk is reshaping financial resilience and why urgent reform is needed to keep protection affordable.