AMSTERDAM–(BUSINESS WIRE)–#insurance—AM Best has maintained its negative outlook on France’s non-life insurance segment.

In its new Best’s Market Segment Report, “Market Segment Outlook: France Non-Life Insurance”, AM Best states that non-life insurance growth prospects are expected to remain limited over the next months, tied to modest GDP growth expectations.

The report also notes that the increase in frequency and severity of natural catastrophe events is expected to continue to put pressure on France’s non-life insurers, despite the existence of the state-backed natural catastrophe scheme, Caisse Centrale de Réassurance (CCR).

While a surcharge to existing premiums has been added since the start of 2025 to release some of the short-term pressure on CCR, AM Best believes that it will not be sufficient over the medium term amid changing climate trends and that further measures will have to be discussed to ensure the scheme’s sustainability.

To access a complimentary copy of this special report, please visit http://www3.ambest.com/bestweek/purchase.asp?record_code=355222.

AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.

Copyright © 2025 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.

Contacts

James Kenfack
Financial Analyst
+31 20 808 2272
james.kenfack@ambest.com

Morgane Hillebrandt
Senior Financial Analyst
+31 20 808 3176
morgane.hillebrandt@ambest.com

Richard Banks
Director, Industry Research – EMEA
+44 20 7397 0322
richard.banks@ambest.com

Edem Kuenyehia
Director, Market Development & Communications
+44 20 7397 0280
edem.kuenyehia@ambest.com