Extreme heat could make areas uninsurable says Spanish insurer

Nicholas PrattAugust 1, 2023
Toledo, Spain - 2023 10th July: Wildfire in a steep and rocky area in the Tagus river valley during a extreme heat emergency day
Wildfires in Toledo, Spain. Credit: Shutterstock/Juan Garcia Hinojosa

The CEO of Spain’s largest insurer has suggested that climate change and the rise in temperatures could leave some areas uninsurable.

The comments came from Gonzalo Gortazar, chief executive of CaixaBank. Speaking to Bloom...

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Nicholas PrattAugust 1, 2023
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