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France plans 0.8% insurance levy to fund riot compensation

Original: France is preparing to introduce a nationwide 0.8% levy on home, car and business insurance contracts to finance a compe

France is preparing a nationwide 0.8% levy on home, car and business insurance contracts to finance a compensation fund for damage caused by riots. The measure could take effect on January 1, 2027 and raise roughly €400 million annually. The plan is drawing attention as insurers and policyholders would effectively shoulder the cost of compensating riot victims.

Why now: The levy would pass the cost of riot damage compensation on to insurance customers, a contentious funding choice drawing public debate.

FranceFrench insurance contractsriot compensation fund

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• France is preparing to introduce a nationwide 0.8% levy on home, car and business insurance contracts to finance a compensation fund for damage caused by riots. The measure could take effect on January 1, 2027, and generate approximately €400 million annually. Although · visegrad24 · 2.5K

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