Viewpoint: Why Speedy Payouts Matter in EU Plan to Close Insurance Protection Gap (insurancejournal.com)

• EU disaster insurance fund proposed to close protection gap
• Speedy payouts emphasized for effective disaster recovery
• Fund aims to reduce uninsured climate-related losses

"A proposed EU-wide disaster insurance fund aims to bolster financial resilience against rising climate volatility, which currently leaves major portions of economic losses uninsured. Speedy payouts are highlighted as critical to ensuring effective recovery and reducing fiscal strain on governments."