Combined ratio for motor insurance in France 2012-2021
The combined ratio for motor insurers in France fell below 100 percent for the first time in 2020 and remained below 100 percent in 2021, which means that they received more in premiums than they paid out in claims. In 2021, the combined ratio for motor insurance amounted to 99.3 percent, up from 94.6 percent in 2020. A ratio below 100 percent shows that an insurer is making a profit from underwriting insurance.