This figure displays yearly uninsured (transparent colours) and insured (solid colours) losses (in million Euros) from weather-and climate-related extreme events. Panel (a) considers EU-27 countries; panel (b) considers EEA-32 countries (excluding EU-27 ones); and panel (c) considers West Balkan countries. Events are divided into meteorological events (heatwaves), hydrological events (floods), climatological events (wildfires, droughts, cold spells, frost), and climatological events (heatwaves). Each chart also reports the 30-years moving average for total and insured losses. This is calculated by pooling all weather- and climate-related event types together. Considering 30 years for the computation of the average ensures that this is not disproportionally affected by extreme values (either very high or very low) in any given year. The difference between total losses and insured losses, divided by the total losses is an indication of the insurance protection gap

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