the premium for insurance contracts must be raised to 18%, according to Macif

A bill of 145-150 billion euros by 2050. This is what the consequences of climate change could cost insurers, reports Jean-Philippe Dogneton, CEO of Macif. The French Insurance Federation actually estimates that the cumulative amount of claims related to natural events could double between 2020, the year of the health crisis, and 2050. “Invariably”, for the guest boss of France moves Tuesday, participation will have to increase mechanically to guarantee compensation in the future.

“20 euros, or two packs of cigarettes to cover yourself, it’s no longer reasonable”, thunders first the general manager, based on the average cost of a cover per French household. “The contribution must be increased over time to guarantee the natural disaster regime. Today, the premium is 12%, it must be projected on the horizon of 18%, which is a reasonable development in relation to the situation” , explains Jean-Philippe Dogneton on Europe 1.

The three bases on which insurers must act

The boss refers to previous climatic hazards, including the latest, the record drought of the summer of 2022 which improved many fire starts, or even the hail episodes of last spring. “If we want to maintain a system, we must act on several bases”, explains the general manager, who lists: “ecological transition”, “prevention and risk culture” and the price of a contract.

Emphasizing a system of coverage of natural disasters “totally French, quite unique and assisted by a pooling of risks”, Jean-Philippe Dogneton met before the action of his company. “The Macif, linked to territories close to people, exercises prevention, compensates locally, supports companies that create new energy, in particular hydrogen, and engage in carbon-free. Meanwhile, we continue to compensate our members, we repair everything that can be repaired”, assures the director general on Europe 1.


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