Posted on November 17. 2023 at 18:33Miss à jour till November 17. 2023 at 18:34
After being charged numerous life insurance coverage charges, the ACPR is attacking anti-competitive insurance coverage contracts.
“The challenge doesn’t work on frais, it can’t be assured, but additionally injury and injury,” introduced Jean-Paul Fougère, Vice President of the ACPR, in the course of the Basis’s annual convention.
Within the face of the creation of an evil value within the automobile or dwelling by way of the recurrence of climate occasions (storms, floods…) along with the French well being bills by way of non-public insurance coverage charges, “the therapy is just unique with non-public insurance coverage charges”, earlier than the regulator.
Not collaborating in ensures
Following the implementation of the Percy Profession Promise, in September 2022, rates of interest can be set at a decrease stage than inflation for his or her purchasers specifically, and guarantors is not going to obtain extra appreciations on the identical 2024 participation tariff.
“The method of this extraordinary interval doesn’t result in an economic system of fascinated by the prices of administration,” by Jean-Paul Fougère. Administration prices mix the prices of distribution, personnel or data augmentation.
Via sustained political stress, ensures should reply to the “construction” of their costs, particularly local weather, however with out machine-to-consumer by way of tariffs or tri-guarantees, supervisor discretion.
This has labored by selling the financiers’ cousins that types an expectation for the longer term. « There can be no extra chance of calculating judgments in relation solely to the auditor, factors out the supervisor. The error combines the derivation of the frequency and depth of some evil results. »
This considerations particularly the “lengthy branches”, equivalent to safety that manages long-term dangers (falls, incapacity…) and which change into fragile because of the accumulation of pathological arrests. Many specialists are going through monetary difficulties within the final months, equivalent to Aésio or AG2R La Mondiale.
The injury attributable to dangerous climate situations or city fluctuations can be within the customer. “Failure to take care of protection by way of the trade of dangers, which represents the underwriter’s occupation, even when prevention additionally advances in parallel to invoke the rising dangers of uninsurance,” famous Jean-Paul Fougère, who seems ahead to guaranteeing you a “public curiosity mission.”
This image is illustrated within the normal system of pure catastrophes, which permits the upkeep of ensures for excessive dangers (floods, earthquakes, hurricanes…) and the removing of bill worth ensures, based mostly on the price of the Central Reinsurance Fund (CCR).
Via the Ensures Group and CCR, ACPR is taking the place of spherical in favor of accelerating the portion of the insurance coverage premiums quote that harms firms and firms which were hit by the financing of the incapacitated system attributable to that 2015.
Particular person local weather participation
If Percy does it once more, Jean-Paul Fougère conjures “an inevitable amplification of pure disasters.” Mais celle-ci «A fabric payment that passes in a single cost have to be accompanied by an extra value, which incorporates the prices of structuring or additional distribution», as well as. In different phrases, shoppers ought to solely bear the local weather surcharge.
la surcharge local weather https://www.lesechos.fr/finance-marches/banque-assurances/sinistres-climatiques-les-reassureurs-restent-en-position-de-force-pour-relever-leurs-prix-1976393
A brand new vigilance about models of account
L’ACPR has protected “chips” of life reserve reserves (PPB) constructed up over a low time frame, beneath robust collateral to optimize the efficiency of its merchandise. Shoppers of Account Models (UC) shouldn’t be “privileged”, ex-Jean-Paul Fougere, Vice President of ACPR. The bonus rewards appear to lie in UC detention, with little dedication to the particular funds spent by custom in Euros.
In 2024, the regulator will even management the appliance of its suggestions to life assurance prices. Firms interact in an in depth assessment of the product catalog that speaks to extremely fascinating UC preferences relating to their efficiency, threat or small measurement.