Non-Life Insurance in France, Key Trends and Opportunities to 2020

Powered by

All the vital news, analysis, and commentary curated by our industry experts.

$1450
Buy Report Download FREE Resources

Published: July 31, 2017 Report Code: GD-IS1535MR-ST

Select Item

GlobalData’s 'Non-Life Insurance in France, Key Trends and Opportunities to 2020' report provides a detailed outlook by product category for the French non-life insurance segment, and a comparison of the French insurance industry with its regional counterparts.

It provides values for key performance indicators such as written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, total assets, total investment income and retentions during the review period (2011–2015) and forecast period (2015–2020).

The report also analyzes distribution channels operating in the segment, gives a comprehensive overview of the French economy and demographics, explains the various types of natural hazard and their impact on the French insurance industry, and provides detailed information on the competitive landscape in the country.

The report brings together GlobalData’s research, modeling and analysis expertise, giving insurers access to information on segment dynamics and competitive advantages, and profiles of insurers operating in the country. The report also includes details of insurance regulations, and recent changes in the regulatory structure.

Scope

This report provides a comprehensive analysis of the non-life insurance segment in France:

• It provides historical values for the French non-life insurance segment for the report’s 2011–2015 review period, and projected figures for the 2015–2020 forecast period.

• It offers a detailed analysis of the key categories in the French non-life insurance segment, and market forecasts to 2020.

• It profiles the top non-life insurance companies in France, and outlines the key regulations affecting them.

Key Highlights

• Solvency ll was implemented with effect from January 2016, and is expected to consolidate the segment.

• The Insurance Code, which governs insurance activity in France, was last updated in January 2016.

• In July 2016, the French Federation of Insurance Companies (FFSA) and the Pool of Mutual Insurance Companies (GEMA) merged to form the French Federation of Insurance (FFA).

• The Insurance Distribution Directive (IDD), which is a framework for regulating European Union (EU) insurance intermediaries, will be effective from February 2018.

• In March 2017, Axa introduced Axa Global Parametric insurance, which covers risks and business that are exposed to weather such as crop losses caused by a catastrophic event.

• Effective November 2016, French law affirmed mandatory liability for clinical trials along with liability for medical equipment manufacturers.

• Rapid growth of telematics-based motor and cyberinsurance is expected.

Reasons to Buy

• Make strategic business decisions using in-depth historic and forecast market data related to the French non-life insurance segment, and each category within it.

• Understand the demand-side dynamics, key market trends and growth opportunities in the French non-life insurance segment.

• Assess the competitive dynamics in the non-life insurance segment.

• Identify growth opportunities and market dynamics in key product categories.

• Gain insights into key regulations governing the French insurance industry, and their impact on companies and the industry's future.

Covéa (MAAF, MMA, GMF),GROUPAMA,SFEREN,Allianz France,Axa,GENERALI France,Crédit Mutuel,Groupe Crédit Agricole Assurance,BNP Paribas Cardif

Table of Contents

1 Key Facts and Highlights

2 Executive Summary

3 Economy and Demographics

4 Segment Outlook

4.1 Regional Comparison

4.2 Segment Indicators

4.2.1 Gross written premium and penetration

4.2.2 Claims

4.2.3 Profitability

4.2.4 Assets and investments

5 Outlook by Category

5.1 Property Insurance

5.1.1 Product Overview

5.1.2 Premium

5.1.3 Claims

5.1.4 Profitability

5.2 Motor Insurance

5.2.1 Product overview

5.2.2 Premium

5.2.3 Claims

5.2.4 Profitability

5.3 Liability Insurance

5.3.1 Product overview

5.3.2 Premium

5.3.3 Claims

5.3.4 Profitability

5.4 Marine, Aviation and Transit Insurance

5.4.1 Product overview

5.4.2 Premium

5.4.3 Claims

5.4.4 Profitability

6 Distribution Channel Outlook

6.1 Analysis by Distribution Channel

7 Natural and Man-made Hazards

7.1 Flooding

7.2 Droughts

7.3 Earthquakes

7.4 Cyclones and Storms

7.5 Others

7.6 Man-Made Disasters

7.7 Exposure

8 Competitive Landscape

8.1 Company Profiles

8.1.1 Covéa Mutual Insurance Group – company overview

8.1.2 Groupama SA – company overview

8.1.3 Sferen (Macif, Maif and Matmut) – company overview

8.1.4 Allianz France SA – company overview

8.1.5 Axa France Assurance – company overview

9 Governance, Risk and Compliance

9.1 Legislation Overview and Historical Evolution

9.2 Latest Changes in Regulation

9.3 Legislation and Market Practice by Type of Insurance

9.3.1 Life insurance

9.3.2 Property insurance

9.3.3 Motor insurance

9.3.4 Liability insurance

9.3.5 Marine, aviation and transit insurance

9.3.6 Personal accident and health insurance

9.4 Compulsory Insurance

9.4.1 Motor third-party liability (MTPL) insurance

9.4.2 Workers’ compensation

9.4.3 Air carriers and aircraft operators insurance

9.4.4 Professional indemnity insurance for alternative investment fund managers

9.4.5 Liability insurance for health professionals

9.4.6 Clinical trials liability insurance

9.4.7 Liability insurance for construction contractors (decennial liability insurance)

9.5 Supervision and Control

9.5.1 International Association of Insurance Supervisors

9.5.2 European Insurance and Occupational Pensions Authority

9.5.3 Autorité de Contrôle Prudentiel

9.5.4 Autorité des Marchés Financiers

9.5.5 Federation of European Risk Management Associations

9.6 Non-Admitted Insurance Regulations

9.6.1 Overview

9.6.2 Intermediaries

9.6.3 Market practices

9.6.4 Fines and Penalties

9.7 Company Registration and Operations

9.7.1 Type of insurance organization

9.7.2 Establishing a local company

9.7.3 Foreign ownership

9.7.4 Types of license

9.7.5 Capital requirements

9.7.6 Solvency margin

9.7.7 Reserve requirements

9.7.8 Investment regulations

9.7.9 Statutory return requirements

9.7.10 Fee structure

9.8 Taxation

9.8.1 Insurance premium or policy taxation

9.8.2 Withholding taxes on premium paid overseas

9.8.3 Corporate tax

9.8.4 VAT

9.8.5 Captives

9.9 Legal System

9.9.1 Introduction

9.9.2 Access to court

9.9.3 Alternative dispute resolution

10 Databook

10.1 Policies and Premium

10.2 Claims and Expenses

10.3 Assets and Investments

10.4 Direct Marketing and E-Commerce

10.5 Insurance Brokers and Agencies

10.6 Bancassurance and Other Distribution Channels

10.7 Property Insurance

10.8 Property Insurance by Product

10.9 Motor Insurance

10.1 Motor Insurance by Product

10.11 Liability Insurance

10.12 Marine, Aviation and Transit Insurance

11 Definitions and Methodology

11.1 Definitions

11.2 Methodology

12 About GlobalData

12.1 Contact GlobalData

12.2 About GlobalData

12.3 GlobalData’s Services

12.4 Disclaimer

Table

Table 1: French Non-Life Insurance – Key Facts, 2015

Table 2: French Non-Life Insurance – Leading Insurers, 2015

Table 3: French Government Credit Ratings

Table 4: French Non-Life Insurance – Gross Written Premium (EUR Billion and US$ Billion), 2011–2015

Table 5: French Non-Life Insurance – Penetration (%), 2011–2015

Table 6: French Non-Life Insurance – Gross Written Premium (EUR Billion and US$ Billion), 2015–2020

Table 7: French Non-Life Insurance – Penetration (%), 2015–2020

Table 8: French Non-Life Insurance – Premium per Capita (EUR and US$), 2011–2015

Table 9: French Non-Life Insurance – Premium per Capita (EUR and US$), 2015–2020

Table 10: French Non-Life Insurance – Paid Claims (EUR Billion and US$ Billion), 2011–2015

Table 11: French Non-Life Insurance – Paid Claims (EUR Billion and US$ Billion), 2015–2020

Table 12: French Non-Life Insurance – Profitability Ratio (%), 2011–2015

Table 13: French Non-Life Insurance – Profitability Ratio (%), 2015–2020

Table 14: French Non-Life Insurance – Total Assets (EUR Billion and US$ Billion), 2011–2015

Table 15: French Non-Life Insurance – Total Assets (EUR Billion and US$ Billion), 2015–2020

Table 16: French Non-Life Insurance – Total Investment Income (EUR Billion and US$ Billion), 2011–2015

Table 17: French Non-Life Insurance – Total Investment Income (EUR Billion and US$ Billion), 2015–2020

Table 18: French Non-Life Insurance – Direct Written Premium by Category (EUR Billion), 2011–2015

Table 19: French Non-Life Insurance – Direct Written Premium by Category (EUR Billion), 2015–2020

Table 20: French Property Insurance – Direct Written Premium by Sub-Category (EUR Billion), 2011–2015

Table 21: French Property Insurance – Direct Written Premium by Sub-Category (EUR Billion), 2015–2020

Table 22: French Property Insurance – Paid Claims (EUR Billion and US$ Billion), 2011–2015

Table 23: French Property Insurance – Paid Claims (EUR Billion and US$ Billion), 2015–2020

Table 24: French Property Insurance – Loss Ratio (%), 2011–2015

Table 25: French Property Insurance – Loss Ratio (%), 2015–2020

Table 26: French Motor Insurance – Direct Written Premium by Sub-Category (EUR Billion), 2011–2015

Table 27: French Motor Insurance – Direct Written Premium by Sub-Category (EUR Billion), 2015–2020

Table 28: French Motor Insurance – Paid Claims (EUR Billion and US$ Billion), 2011–2015

Table 29: French Motor Insurance – Paid Claims (EUR Billion and US$ Billion), 2015–2020

Table 30: French Motor Insurance – Loss Ratio (%), 2011–2015

Table 31: French Motor Insurance – Loss Ratio (%), 2015–2020

Table 32: French Liability Insurance – Direct Written Premium by Sub-Category (EUR Billion), 2011–2015

Table 33: French Liability Insurance – Direct Written Premium by Sub-Category (EUR Billion), 2015–2020

Table 34: French Liability Insurance – Paid Claims (EUR Billion and US$ Billion), 2011–2015

Table 35: French Liability Insurance – Paid Claims (EUR Billion and US$ Billion), 2015–2020

Table 36: French Liability Insurance – Loss Ratio (%), 2011–2015

Table 37: French Liability Insurance – Loss Ratio (%), 2015–2020

Table 38: French Transport Network – Global Rankings 2016

Table 39: French Marine, Aviation and Transit Insurance – Direct Written Premium (EUR Billion), 2011–2015

Table 40: French Marine, Aviation and Transit Insurance – Direct Written Premium (EUR Billion), 2015–2020

Table 41: French Marine, Aviation and Transit Insurance – Paid Claims (EUR Million and US$ Million), 2011–2015

Table 42: French Marine, Aviation and Transit Insurance – Paid Claims (EUR Million and US$ Million), 2015–2020

Table 43: French Marine, Aviation and Transit Insurance – Loss Ratio (%), 2011–2015

Table 44: French Marine, Aviation and Transit Insurance – Loss Ratio (%), 2015–2020

Table 45: French Non-Life Insurance – Direct Written Premium by Distribution Channel (EUR Billion), 2011–2015

Table 46: French Non-Life Insurance – Direct Written Premium by Distribution Channel (EUR Billion), 2015–2020

Table 47: French Non-Life Insurance – Percentage of Direct Written Premium Ceded, by Distribution Channel, 2011–2020

Table 48: French Average Annual Loss by Hazard, 1990–2014

Table 49: French Non-Life Segment – Leading Insurers, 2015

Table 50: Covéa Mutual Insurance Group – Key Facts

Table 51: Covéa Mutual Insurance Group – Key Financials (EUR Million), 2011–2015

Table 52: Groupama SA – Key Facts

Table 53: Groupama SA – Key Financials (EUR Million), 2011–2015

Table 54: Sferen – Key Facts

Table 55: Sferen – Key Financials (EUR Million), 2011–2015

Table 56: Allianz France SA – Key Facts

Table 57: Allianz France SA – Key Financials (EUR Million), 2011–2015

Table 58: Axa France Assurance – Key Facts

Table 59: Axa France Assurance – Key Financials (EUR Million), 2011–2015

Table 60: France– Insurance Regulatory Framework Key Features

Table 61: France–Life Insurance Regulatory Framework

Table 62: France–Property Insurance Regulatory Framework

Table 63: France–Motor Insurance Regulatory Framework

Table 64: France–Liability Insurance Regulatory Framework

Table 65: France–Minimum Cover for Aircraft Third-Party Liability Per Accident Per Aircraft

Table 66: France–Motor Insurance Regulatory Framework

Table 67: France–Corporate Tax Rates for the Financial Year 2017

Table 68: French Insurance Industry – Policies and Premium, 2011–2015

Table 69: French Insurance Industry – Policies and Premium, 2015–2020

Table 70: French Non-Life Insurance – Claims and Expenses, 2011–2015

Table 71: French Non-Life Insurance – Claims and Expenses, 2015–2020

Table 72: French Non-Life Insurance – Assets and Investments, 2011–2015

Table 73: French Non-Life Insurance – Assets and Investments, 2015–2020

Table 74: French Non-Life Insurance – Direct Marketing and E-Commerce, 2011–2015

Table 75: French Non-Life Insurance – Direct Marketing and E-Commerce, 2015–2020

Table 76: French Non-Life Insurance – Insurance Brokers and Agencies, 2011–2015

Table 77: French Non-Life Insurance – Insurance Brokers and Agencies, 2015–2020

Table 78: French Non-Life Insurance – Bancassurance and Other Distribution Channels, 2011–2015

Table 79: French Non-Life Insurance – Bancassurance and Other Distribution Channels, 2015–2020

Table 80: French Non-Life Insurance – Property Insurance, 2011–2015

Table 81: French Non-Life Insurance – Property Insurance, 2015–2020

Table 82: French Non-Life Insurance – Property Insurance by Product, 2011–2015

Table 83: French Non-Life Insurance – Property Insurance by Product, 2015–2020

Table 84: French Non-Life Insurance – Motor Insurance, 2011–2015

Table 85: French Non-Life Insurance – Motor Insurance, 2015–2020

Table 86: French Non-Life Insurance – Motor Insurance by Product, 2011–2015

Table 87: French Non-Life Insurance – Motor Insurance by Product, 2015–2020

Table 88: French Non-Life Insurance – Liability Insurance, 2011–2015

Table 89: French Non-Life Insurance – Liability Insurance, 2015–2020

Table 90: French Non-Life Insurance – Marine, Aviation and Transit Insurance, 2011–2015

Table 91: French Non-Life Insurance – Marine, Aviation and Transit Insurance, 2015–2020

Table 92: Insurance Industry Definitions

Figures

Figure 1: French Economic Transition, by GDP components (% of GDP), 1990–2015

Figure 2: French Real GDP (EUR Trillion), 2011–2020

Figure 3: French Consumer Price Inflation (%), 2011–2020

Figure 4: French Current Account Balance as Percentage of GDP (%), 2011–2020

Figure 5: French Unemployment Rate, 2011–2020

Figure 6: French Population by Age Group, 1990–2025

Figure 7: French Non-Life Insurance Penetration – Regional Comparison (%), 2015

Figure 8: French Insurance Segment Direct Written Premium Shares – Regional Comparison (%), 2015

Figure 9: French Non-Life Insurance – Gross Written Premium (EUR Billion), 2011–2020

Figure 10: French Non-Life Insurance – Penetration (%), 2011–2020

Figure 11: French Non-Life Insurance – Premium per Capita (EUR), 2011–2020

Figure 12: French Non-Life Insurance – Paid Claims (EUR Billion), 2011–2020

Figure 13: French Non-Life Insurance – Profitability Ratio (%), 2011–2020

Figure 14: French Non-Life Insurance – Total Assets (EUR Billion), 2011–2020

Figure 15: French Non-Life Insurance – Total Investment Income (EUR Billion), 2011–2020

Figure 16: French Non-Life Insurance – Direct Written Premium by Category (EUR Billion), 2011–2020

Figure 17: French Non-Life Insurance – Direct Written Premium Dynamics by Category, 2011–2020

Figure 18: French Property Insurance – Construction Value Output by Category (EUR Billion), 2011–2020

Figure 19: French Property Insurance – Direct Written Premium by Sub-Category (EUR Billion), 2011–2020

Figure 20: French Property Insurance – Direct Written Premium Dynamics by Sub-Category, 2011–2020

Figure 21: French Property Insurance – Paid Claims (EUR Billion), 2011–2020

Figure 22: French Property Insurance – Earned Premium, Incurred Loss and Loss Ratio (EUR Billion and %), 2011–2020

Figure 23: French New Vehicle registration, 2011–2016

Figure 24: French Motor Insurance – Direct Written Premium by Sub-Category (EUR Billion), 2011–2020

Figure 25: French Motor Insurance – Direct Written Premium Dynamics by Sub-Category, 2011–2020

Figure 26: French Motor Insurance – Paid Claims (EUR Billion), 2011–2020

Figure 27: French Motor Insurance – Earned Premium, Incurred Loss and Loss Ratio (EUR Billion and %), 2011–2020

Figure 28: French Liability Insurance – Direct Written Premium (EUR Billion), 2011–2020

Figure 29: French Liability Insurance – Paid Claims (EUR Billion), 2011–2020

Figure 30: French Liability Insurance – Earned Premium, Incurred Loss and Loss Ratio (EUR Billion and %), 2011–2020

Figure 31: French Imports and Exports of Goods (EUR Billion), 2011–2015

Figure 32: French Marine, Aviation and Transit Insurance – Direct Written Premium (EUR Billion), 2011–2020

Figure 33: French Marine, Aviation and Transit Insurance – Paid Claims (EUR Million), 2011–2020

Figure 34: French Marine, Aviation and Transit Insurance – Earned Premium, Incurred Loss and Loss Ratio (EUR Million and %), 2011–2020

Figure 35: French Non-Life Insurance – Direct Written Premium by Distribution Channel (%), 2011, 2015 and 2020

Figure 36: France – Frequency of Hazards by Type, 1990–2014

Figure 37: French Mortality by Hazards Type, 1990–2014

Figure 38: French Economic Loss by Hazards Type, 1990–2014

Figure 39: France – The Three Pillars of Solvency II

Figure 40: France– Insurance Supervision and Control at Various Levels

Figure 41: France– Insurance Regulatory Frameworks for Company Registration and Operation

Frequently asked questions

Non-Life Insurance in France, Key Trends and Opportunities to 2020 standard reports
Currency USD
$1,450

Can be used by individual purchaser only

Most Popular
$2,900

Can be shared by unlimited users within one corporate location e.g. a regional office

$4,350

Can be shared globally by unlimited users within the purchasing corporation e.g. all employees of a single company

Add to Basket

Undecided about purchasing this report?

Enquire Before Buying Download FREE Resources

Get in touch to find out about multi-purchase discounts

reportstore@globaldata.com
Tel +44 20 7947 2745

Sample Report

Non-Life Insurance in France, Key Trends and Opportunities to 2020 was curated by the best experts in the industry and we are confident about its unique quality. However, we want you to make the most beneficial decision for your business, so we offer free sample pages to help you:

  • Assess the relevance of the report
  • Evaluate the quality of the report
  • Justify the cost

Download your copy of the sample report and make an informed decision about whether the full report will provide you with the insights and information you need.

Below is a sample report to understand what you are buying

See what our customers are saying
testimonial-image
testimonial-image
testimonial-image
testimonial-image
testimonial-image
testimonial-image
testimonial-image

“The GlobalData platform is our go-to tool for intelligence services. GlobalData provides an easy way to access comprehensive intelligence data around multiple sectors, which essentially makes it a one-for-all intelligence platform, for tendering and approaching customers.

GlobalData is very customer orientated, with a high degree of personalised services, which benefits everyday use. The highly detailed project intelligence and forecast reports can be utilised across multiple departments and workflow scopes, from operational to strategic level, and often support strategic decisions. GlobalData Analytics and visualisation solutions has contributed positively when preparing management presentations and strategic papers.”

 Business Intelligence & Marketing Manager, SAL Heavy Lift

“COVID-19 has caused significant interference to our business and the COVID-19 intelligence from GlobalData has helped us reach better decisions around strategy. These two highlights have helped enormously to understand the projections into the future concerning our business units, we also utilise the project database to source new projects for Liebherr-Werk to use as an additional source to pitch for new business.”

 Market Analyst & Management, Liebherr-Werk

Your daily news has saved me a lot of time and keeps me up-to-date with what is happening in the market, I like that you almost always have a link to the source origin. We also use your market data in our Strategic Business Process to support our business decisions. By having everything in one place on the Intelligence Center it has saved me a lot of time versus looking on different sources, the alert function also helps with this.

 Head of Key Accounts, Saab AB

Having used several other market research companies, I find that GlobalData manages to provide that ‘difficult-to-get’ market data that others can’t, as well as very diverse and complete consumer surveys.

 Marketing Intelligence Manager, Portugal Foods

Our experience with GlobalData has been very good, from the platform itself to the people. I find that the analysts and the account team have a high level of customer focus and responsiveness and therefore I can always rely on. The platform is more holistic than other providers. It is convenient and almost like a one stop shop. The pricing suite is highly competitive and value for our organisation.

I like reports that inform new segments such as the analysis on generation Z, millennials, the impact of COVID 19 to our banking customers and their new channel habits. Secondly the specialist insight on affluent sector significantly increases our understanding about this group of customers. The combination of those give us depth and breadth of the evolving market.

I’m in the business of answering and helping people make decisions so with the intelligence center I can do that, effectively and efficiently. I can share quickly key insights that answer and satisfy our country stakeholders by giving them many quality studies and primary research about competitive landscape beyond the outlook of our bank. It helps me be seen as an advisory partner and that makes a big difference. A big benefit of our subscription is that no one holds the whole data and because it allows so many people, so many different parts of our organisation have access, it enables all teams to have the same level of knowledge and decision support.

 Head of Customer Insight and Research, Standard Chartered

“I know that I can always rely on Globaldata’s work when I’m searching for the right consumer and market insights. I use Globaldata insights to understand the changing market & consumer landscape and help create better taste & wellbeing solutions for our customers in food, beverage and healthcare industries.

Globaldata has the right data and the reports are of very high quality compared to your competitors. Globaldata not only has overall market sizes & consumer insights on food & beverages but also provides insights at the ingredient & flavour level. That is key for B2B companies like Givaudan. This way we understand our customers’ business and also gain insight to our unique industry”

 Head of Consumer Sensory Insights, Givaudan

GlobalData provides a great range of information and reports on various sectors that is highly relevant, timely, easy to access and utilise.  The reports and data dashboards help engagement with clients; they provide valuable industry and market insights that can enrich client conversations and can help in the shaping of value propositions. Moreover, using GlobalData products has helped increase my knowledge of the finance sector, the players within it, and the general threats and opportunities.

I find the consumer surveys that are carried out to be extremely beneficial and not something I have seen anywhere else. They provided an insightful view of why and which consumers take (or don’t) particular financial products. This can help shape conversations with clients to ensure they make the right strategic decisions for their business.

One of the challenges I have found is that data in the payments space is often piecemeal. With GD all of the data I need is in one place, but it also comes with additional market reports that provide useful extra context and information. Having the ability to set-up alerts on relevant movements in the industry, be it competitors or customers, and have them emailed directly to me, ensures I get early sight of industry activity and don’t have to search for news.

 Senior Account Manager, TSYS

Related reports

View more Financial Services reports
Financial Services
New
Global M&A Deals in H1 2026 - Top Themes by…
$495 | August 2026
Financial Services
New
NatWest Private Banking and Wealth Management: Competitor Profile, 2026
$1,295 | August 2026
Financial Services
New
Agentic AI in Insurance: Customer Attitudes and Case Studies 2026
$3,450 | August 2026
Go even deeper with GlobalData Intelligence Center

Every Company Report we produce is powered by the GlobalData Intelligence Center.

Subscribing to our intelligence platform means you can monitor developments at Non-Life Insurance in France, Key Trends and Opportunities to 2020 in real time.

  • Access a live Non-Life Insurance in France, Key Trends and Opportunities to 2020 dashboard for 12 months, with up-to-the-minute insights.
  • Fuel your decision making with real-time deal coverage and media activity.
  • Turn insights on financials, deals, products and pipelines into powerful agents of commercial advantage.
Tell me more