Comprehensive weather insurance: The French Competition Authority issues a reserved opinion on horizontal cooperation arrangements between insurers in the field of comprehensive weather insurance

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. Here is an opinion to add to the long list of contentious decisions or opinions rendered by the Authority in agricultural matters, but this time from the perspective of several horizontal cooperation projects between insurers. In a context marked both by less predictable and more devastating natural phenomena, consequences of climate change, and by a low diffusion in France of multi-risk climate insurance for crops [hereafter "MRC insurance"], the Authority was seized in October 2021 by the ministries in charge of the Economy and Agriculture, regarding three cooperation projects between insurers: a pooling of each insurer's claims data to ensure that the

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  • Rizom Legal (Paris)

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Michel Debroux, Comprehensive weather insurance: The French Competition Authority issues a reserved opinion on horizontal cooperation arrangements between insurers in the field of comprehensive weather insurance, 22 November 2021, Concurrences N° 2-2022, Art. N° 106463, pp. 97-98

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