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Rise in claims linked to heat-related deaths and illness, especially among older people, could drive up premiums
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Global — Kalyeena Makortoff Banking correspondent
Rise in claims linked to heat-related deaths and illness, especially among older people, could drive up premiums
Europe’s intense heatwaves could hit insurers’ earnings as companies face a rise in claims linked to heat-related deaths and worsening health conditions, the rating agency S&P has said.
While a long summer of extreme heat will have increased drought and wildfire-related claims, the rating agency said there would also be fallout for life and health insurers, and for the reinsurers who provide financial protection to insurance companies.
Europe’s intense heatwaves could hit insurers’ earnings as companies face a rise in claims linked to heat-related deaths and worsening health conditions, the rating agency S&P has said.
This report is published with credit to The Guardian. The wire sent a summary; open the original for any extra context. Read on The Guardian →
Source: The Guardian · Kalyeena Makortoff Banking correspondent. Published 25 Aug 2026, 04:00 am.
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