Swiss Re

Swiss Re warns Europe faces ‘chronic’ heat and wildfire risk

As Europe endures its fifth heat wave of 2026, Swiss Re Institute issued a warning on Tuesday about the "chronic" and potentially underestimated consequences of the continent's rising temperatures, with wildfire risk demanding particular attention from insurers and policymakers alike.

Moody’s warns Europe’s record wildfires put insurance market on new trajectory

Within a single week in July, France suffered its most devastating wildfire outbreak in at least half a century and Spain recorded the largest wildfire in its modern history, prompting warnings from Moody's and Swiss Re that the European insurance…