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EconomyEurope’s heatwaves expose insurance gap as business losses mount

Europe’s heatwaves are highlighting a shortfall in insurance coverage as business losses grow. For more than a century, cafes in Padua, Italy, have served aperitivo in the early evening, inviting customers to sit outdoors and socialise before dinner.

Europeheatwavesinsurancebusiness losses

RReuters★★☆☆☆2026-08-16 05:25Original

Europe’s heatwaves expose insurance gap as business losses mount
Europe’s heatwaves expose insurance gap as business losses mountEconomy