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Risk of deaths linked to heatwaves underestimated, Swiss Re CEO says

By Thomson Reuters Aug 9, 2026 | 4:43 AM

ZURICH, Aug 9 (Reuters) – Authorities failed to grasp the scale of risk to human ​life posed by heatwaves, the ‌CEO of reinsurance company Swiss Re was quoted as saying on Sunday, as Europe faces mounting deaths ‌linked ​to extreme summer ⁠temperatures.

Europe, the world’s ⁠fastest-warming continent, has reported thousands of excess deaths during a record-breaking heatwave, most of them ​people aged 65 and above. France and Spain have been ⁠particularly hard hit ⁠by the heat in ​recent weeks.

“The risk of heatwaves ​and the associated fatalities was underestimated,” ‌Swiss Re CEO Andreas Berger told Swiss newspaper NZZ am Sonntag, adding: “We need to raise ⁠awareness of the dangers arising from this”.

Berger, who was speaking after Swiss ⁠Re reported ‌a 9% increase ⁠in net profit for ​the ‌first half of 2026, said ​it ⁠was too early to say definitively how the excess mortality would affect the Zurich-based company’s figures.

(Writing by Dave Graham; Editing by ​Alexander Smith)