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ECB and EIOPA Propose European Approach to Reduce Economic Impact of Natural Catastrophes
December 19, 2024
FRANKFURT, Germany, Dec. 19 (TNSres) -- The European Central Bank issued the following news release:

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* ECB and EIOPA propose possible EU-level approach to reduce insurance protection gap for natural catastrophes, building on existing national and EU structures

* Two-pillar solution includes pooling private risks to increase insurance coverage and strengthening EU public disaster risk management

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The European Central Bank . . .

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