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A Large insurance gap is shaping Europe's approach to catastrophe risk sharing

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LDR  00000cam a22000004 4500
001  MAP20260011332
003  MAP
005  20260420174742.0
008  260416s2026 gbr|||| ||| ||eng d
040  ‎$a‎MAP‎$b‎spa‎$d‎MAP
084  ‎$a‎328.1
1102 ‎$0‎MAPA20230010112‎$a‎Morningstar. Sustainalytics
24512‎$a‎A Large insurance gap is shaping Europe's approach to catastrophe risk sharing
260  ‎$a‎London‎$b‎Morningstar DBRS‎$c‎2026
300  ‎$a‎4 p.
5050 ‎$a‎Overview -- EIOPAESM risk-sharing mechanism to address the protection gap -- A complementary European layer to strengthen natural catastrophe resilience -- Related research
520  ‎$a‎The document analyses the growing insurance protection gap against natural catastrophes in Europe and the institutional responses being developed to address it. It examines the joint proposal by EIOPA and the European Stability Mechanism to establish a European risk-sharing system based on an insurance pool and a contingent public backstop. From a credit perspective, the potential impact of this framework on the stability of the private insurance sector is assessed. The report highlights its complementarity with existing national schemes and the role of pan-European diversification. It also analyses the implications for insurance capacity, reinsurance and market sustainability in the context of increasing climate-related risks
650 4‎$0‎MAPA20260001562‎$a‎Riesgos catastróficos
650 4‎$0‎MAPA20080600204‎$a‎Catástrofes naturales
650 4‎$0‎MAPA20080612429‎$a‎Riesgos extraordinarios
650 4‎$0‎MAPA20110021238‎$a‎Estabilidad financiera
650 4‎$0‎MAPA20080552367‎$a‎Reaseguro
651 1‎$0‎MAPA20080637743‎$a‎Europa
7102 ‎$0‎MAPA20260007144‎$a‎Morningstar DBRS
856  ‎$u‎https://dbrs.morningstar.com/research/478610