Lockdown impact on French insurance's loss experience

The recent containment has significantly decreased the rate of motor accidents. The motor claims notifications have been decreasing since the beginning of the lockdown on 16 March 2020. Thus, the automotive experts' activity is dropping by 80%.

The lockdown has also affected the theft rates as insurers register a decrease in break-in attempts. The claims experiences of the motor and theft classes of business are improving.

In contrast, insurers are awaiting an increase in domestic claims. In addition to this, teleworking is leading to a large number of cyber-attacks, that is mainly hindering the small businesses.

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