In 2023, the volume of construction insurance premiums for decennial liability or inherent defect insurance reached over two billion euros in France. Meanwhile, construction insurance contributions due to building damage increased from almost 631 million euros in 2020 to about 805 million euros in 2023. Decennial liability insurance is compulsory in France and covers costs related to the potential collapse of the building for 10 years after completion.
Volume of construction insurance premiums in France from 2005 to 2023, by market segment
(in million euros)
Characteristic
Decennial liability
Building damage
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Fédération française de l'assurance. (July 15, 2024). Volume of construction insurance premiums in France from 2005 to 2023, by market segment (in million euros) [Graph]. In Statista. Retrieved September 12, 2024, from https://www.statista.com/statistics/751121/value-construction-insurance-premiums-france/
Fédération française de l'assurance. "Volume of construction insurance premiums in France from 2005 to 2023, by market segment (in million euros)." Chart. July 15, 2024. Statista. Accessed September 12, 2024. https://www.statista.com/statistics/751121/value-construction-insurance-premiums-france/
Fédération française de l'assurance. (2024). Volume of construction insurance premiums in France from 2005 to 2023, by market segment (in million euros). Statista. Statista Inc.. Accessed: September 12, 2024. https://www.statista.com/statistics/751121/value-construction-insurance-premiums-france/
Fédération française de l'assurance. "Volume of Construction Insurance Premiums in France from 2005 to 2023, by Market Segment (in Million Euros)." Statista, Statista Inc., 15 Jul 2024, https://www.statista.com/statistics/751121/value-construction-insurance-premiums-france/
Fédération française de l'assurance, Volume of construction insurance premiums in France from 2005 to 2023, by market segment (in million euros) Statista, https://www.statista.com/statistics/751121/value-construction-insurance-premiums-france/ (last visited September 12, 2024)
Volume of construction insurance premiums in France from 2005 to 2023, by market segment (in million euros) [Graph], Fédération française de l'assurance, July 15, 2024. [Online]. Available: https://www.statista.com/statistics/751121/value-construction-insurance-premiums-france/