Do you find that the “weather event guarantees” section of your multi-risk home contract is high?
You have not seen anything yet.
A decree from the Ministry of the Economy noted the increase in the share of insurance premiums dedicated to financing the natural disaster compensation scheme in order to cushion, from 2025, the shock of climate disasters.
We understand why when reading the data revealed this Tuesday by the Generali Insurance company which took stock of what weather hazards have cost over the past forty years.
The bill, which was 1.2 billion per year in the mid-1980s, more than doubled between 2010 and 2020, increasing on average to 2.8 billion.
But the worst is to come: for the period 2020-2050, the cost should be 4.7 billion euros per year!
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