The damage caused by natural disasters cost approximately 2 billion euros last year in France, according to an estimate published Wednesday by the Central Reinsurance Caisse (CCR) confirming the figure presented by the Federation of Insurers at the end of March.
However, this amount, much higher than the average of the period 1982-2023, is relatively “normal” after some “exceptionally expensive years”, such as 2022 for which the Sinistity was around 3,900 million euros, said Jacques Le Pape, president of the reallocation of the French public, in the opening of an afternoon of debates organized by the CCR in Paris.
Unlike the previous years, 2024 was not marked by significant droughts, but was scored by numerous floods and ended with the passage of the chido cyclone to Mayotte in December.
It is also characterized by numerous statements with smaller and less expensive at the unit scale, but the cumulative cost of these “small claims” has reached an unprecedented level since the creation of the natural disaster regime in 1982, according to the annual evaluation of natural disasters published Wednesday by the CCR.
“Robust” insurance scheme
Although the natural disaster regime has faced in recent years in recurrent structural deficits in relation to the multiplication of climatic hazards, it is now “financially robust” thanks to the “prices adjustment” intervened at the beginning of the year, welcomed the Pope.
The surprise of insurance contracts destined to finance the natural disaster regime, which is deduced from multiple housing (MRH) and automotive contracts of individuals and companies, has been observed since January 1, in the application of a December 2023 decree.
The CCR, whose activity consists in guaranteeing insurers, was able to rebuild their reservations.
To preserve the balance of the natural disaster regime in the future, Mr. Vieillefond believes that new increases in surprise at regular intervals will be necessary in the coming years, “a priori not too often, but the three, four, five years.”
Source: BFM TV
