Petra Hjelkama, Chairperson of EOPA and expert in insurance regulation, discusses the transformative impact of climate change on the insurance industry. She highlights how climate disasters are reshaping coverage and costs in Europe. The conversation also touches on governmental measures to adapt to rising risks and the push for mandates on climate hazard insurance. Additionally, geopolitical tensions are underscored by recent accusations against Russia over undersea cable sabotage, reflecting broader concerns over maritime safety.