Spain floods highlight role of state-backed reinsurance for climate risks

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Reinsurance News - Nov 25, 2024

A recent report from Fitch Ratings has highlighted the vital role of the state-managed catastrophe insurer, Consorcio de Compensación de Seguros (CCS), in strengthening the Spanish insurance market’s resilience to climate risks, as demonstrated by the recent floods that struck the country. For...

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