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FRANCE: Latest riots could cost insurers up to EUR 1.2 billion, Morningstar DBRS estimates

Insured losses from the latest wave of civil unrest in France are expected to remain below EUR 1.2 billion, according to Morningstar DBRS. While the financial impact would be significant for the French P&C insurance market, the rating agency considers the losses manageable and unlikely to materially affect major insurers' capital positions.