Torn between growing claims and decrease in purchasing power From their customers, French insurance companies, after a meeting with the Minister of Economy, promised to contain the average increase in their prices to a level ” less Inflation for 2022 and 2023, they announced Tuesday in Percy.
The situation is very tense
” I think we made the best deal possible in a very tense situation for the insurance world. This was stated by Bruno Le Maire during a press conference, after a working meeting with the heads of the insurance and cooperative insurance sectors.
” We are witnessing an exceptional year in terms of climate claims “,” with already 5.2 billion euros recorded for the period from January to August for an average of €3.5 billion per year since 2017, but “ We share the Minister’s ambition to help fight for purchasing power For her part, Florence Lustmann, President of France Assureurs, announced the union of the sector. Inflation reached 5.9% in one year in August.
Concretely, insurance companies pledged to ensure that the inflation index for the cost of insurance, calculated by INSEE, remains lower than the inflation index for 2022 and 2023, which does not exclude that some contracts for some customers are growing faster, in particular ” To take into account the behavior of each individual Bruno Le Maire said.
The sector also promised to hand out a €100 car check to the unemployed under the age of 25. This unemployed young man is given when renewing his car insurance.
Other ‘individual commitments’ from companies, which target the most vulnerable, should follow. In the coming days and weeks Mrs. Lustman also said.
Discussions leading to removal green sticker In auto insurance or greater use of reused parts for repair, two levers identified to reduce costs for insurance companies will also continue.
Last Tuesday, Percy summoned the bankers, and they vowed not to not increase their rates by more than 2% Next year and moving to one euro per month, instead of three, their offer is for vulnerable audiences, a gesture that has been coldly accepted by consumer associations.