Gauthier Delomez 18:09 pm, March 28, 2023
The consequences of climate change could double insurers' bills by 2050, the French Insurance Federation has warned. It is for this reason that the price of contracts must increase, according to the director general of Macif, who advances a participation raised to 18%.A bill of 145-150 billion euros by 2050. This is what the consequences of climate change could cost insurers, reports Jean-Philippe Dogneton, the director general of Macif. The French Insurance Federation estimates that the cumulative amount of claims related to natural events could double between 2020, the year of the health crisis, and 2050. "Inevitably", for the guest boss of La France bouge Tuesday, participation will have to mechanically increase to guarantee compensation in the future.
>> READ ALSO – Climate disasters: will insurers withdraw from certain geographical areas?
"20 euros, or two packs of cigarettes to cover yourself, it is no longer reasonable," thunders the director general, based on the average cost of coverage per French household. "It will be necessary to increase the contribution over time to guarantee the natural disaster regime. Today, the premium is 12%, it must be projected to 18%, which is a reasonable evolution compared to the situation, "details 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 summer 2022 which caused many fires, or the hail episodes of last spring. "If we want to maintain a system, we must act on several bases," explains the director general, who lists: "ecological transition", "risk prevention and culture" and the price of a contract.
Highlighting a system of coverage for natural disasters "totally French, quite unique and based on a pooling of risks", Jean-Philippe Dogneton highlights the action of his company. "Macif, linked to the territories close to people, exercises prevention, compensates locally, supports companies that create new energy, including hydrogen, and is committed to decarbonization. Meanwhile, we continue to compensate our members, we repair everything that can be repaired, "says the director general on Europe 1.