Since 1982, France has experiences total NatCat (non-motor) losses of EUR 36 billion, a report published by CCR - Caisse Centrale de Reassurance shows. Floods are responsible for 57% of this amount, while draught for 34%. On average, non-motor annual NatCat losses amount to EUR 977 million, while for the motor segment the annual average loss is of about EUR 41 million. According to estimations, floods produced by the overflowing of river Seine might cause losses of EUR 8.8 to 23.9 billion, while in case of an extreme draught the figure could vary between EUR 2.1 and 2.6 billion.
CCR provides companies operating in France with the state guarantee and in the general interest, blankets reinsurance against natural disasters since 1982 and other exceptional risks. As part of its public reinsurance business, CCR collects data on insured property and loss experience caused by natural disasters.
CCR modeling work, made available to insurers, communities and public authorities contribute to anticipation and the prevention of major natural disasters. With more than 2,500 municipalities in the territories at significant risk flood, France has spent about EUR 2 billion for flood prevention works in the last two decades. What are the actual measures taken and how efficient they proved being, we will find out at ICAR 2019.
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Online registrations are opened at http://www.icarforum.ro/en/registration/