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Strategic review document: Toward better prevention of and protection against natural hazards

Strategic review document: Toward better prevention of and protection against natural hazards

 Strategic review document : Toward better prevention of and protection against natural hazards
12/12/2016

In November 2015, the French Insurance Federation (Fédération Française de l’Assurance - FFA) published a study titled Climate Change and Insurance to 2040 (Changement climatique et assurance à l’horizon 2040)1. It projects the rising cost of natural hazards in France over the next 25 years.

The additional cost of property damage caused by the climate between now and 2040 is estimated at 44 billion Euros, a 90% increase compared to the total amount of damage over the last 25 years.
Several factors contribute to this costs increase.

Climate issues

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