Rising losses due to increasing extreme weather are also increasing the pressure on insurance companies, households, and businesses. Without effective climate action, the insurance industry expects insurance premiums to double in ten years. From Jan. 1, 2025, all companies in Italy will therefore have to be insured against natural disasters. Similar regulations already exist in Europe: in France, the UK, and Switzerland. In the USA, more and more insurers are withdrawing from areas such as coastal regions that are threatened by climate change.