Europe Heatwaves Could Turn Into a 'Big Economic Challenge' as Wildfires Spread, Analysts Warn— Insurers Brace for Impact
Europe wildfires threaten homes and businesses as analysts warn insured losses could surge if fires spread into populated areas.
Big fires in Europe are spreading, which could cost insurance companies a lot of money if they destroy more homes and businesses. When insurance companies lose money, investors watch to see if their profits will go down.
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