Best's Market Segment Report: French Insurers Reconsider Natural Catastrophe Assumptions Following Another Very Expensive Year
Growing frequency and severity of weather-related events such as drought, storms and wildfires are prompting French insurers and reinsurers to rethink their appetite and pricing for natural catastrophe risks, according to a new report from AM Best.
The Best’s Market Segment Report, “French Insurers Reconsider Natural Catastrophe Assumptions Following Another Very Expensive Year,” notes that record-breaking temperatures and severe droughts led to significant property damage losses in 2022. The latest estimate from France Assureurs puts insurers’ weather-related natural catastrophe losses for 2022 at around
To access a complimentary copy of this special report, please visit http://www3.ambest.com/bestweek/purchase.asp?record_code=329668.
AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry. Headquartered in
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Source: AM Best



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