EU insurance markets could benefit from climate reinsurance proposals

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      <subfield code="a">EU insurance markets could benefit if recent proposals to establish a bloc-wide public-private reinsurance scheme for climate-related losses proceed, Fitch Ratings says. As climate change intensifies, state-backed reinsurance schemes could help insurers and reinsurers to continue providing cover in high-risk locations that they might otherwise shy away from</subfield>
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