Von der Leyen’s 2026 state of the union: Europe seeks sovereignty in an openly hostile world
• European Commission President Ursula von der Leyen outlined a vision for European sovereignty in trade, energy, defense, and technology during her 2026 State of the Union address. • The Commission will identify 100 vulnerable territories and establish a Climate Insurance Alliance to address the fact that only 25% of catastrophe losses are privately insured. • This shift aims to reduce the burden on national governments that currently act as the insurer of last resort for extreme-weather losses.
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