Insurance and Reinsurance in France: Overview | Practical Law

Insurance and Reinsurance in France: Overview | Practical Law

A Q&A guide to insurance and reinsurance in France.

Insurance and Reinsurance in France: Overview

Practical Law Country Q&A 9-501-3248 (Approx. 24 pages)

Insurance and Reinsurance in France: Overview

by Pauline Arroyo and Louis Cornut-Gentille, Holman Fenwick Willan France LLP
Law stated as at 01 Jan 2022France
A Q&A guide to insurance and reinsurance in France.
The Q&A gives a high level overview of the market trends and regulatory framework in the insurance and reinsurance market; the definitions for a contract of insurance and a contract of reinsurance; the regulation of insurance and reinsurance contracts; the forms of corporate organisation an insurer can take; and the regulation of insurers and reinsurers, including regulation of the transfer of risk. It also covers: operating restrictions for insurance and reinsurance entities; reinsurance monitoring and disclosure requirements; content requirements for policies and implied terms; insurance and reinsurance claims; remedies; insolvency of insurance and reinsurance providers; taxation; dispute resolution; and proposals for reform.