Spain – Property Insurance Market – Stricter Interpretations of Precaution
Sara Sina2023-10-16T11:18:34+02:00The ongoing global trend towards further tightening of the property insurance market due to factors such as geopolitical risks, inflation, and natural disasters is also widely observed in the Spanish property insurance market. Particularly, rising claim costs resulting from climatic events such as droughts, wildfires, extreme temperatures, or flooding are expected to contribute to [...]