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France is organizing the 70th Cannes Film Festival from 17 to 28 May 2017. The smiling faces of stars and film directors tend to make us forget that the production of a movie involves huge capitals and that without insurance no production would have been possible.
Atlas Magazine shows in the table below a history of the insurance budgets allocated to the French fiction films' production * during the last ten years.
Movie production cost and budget allocated to insurance (2007-2016)
Figures in millions EUR
| 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
Movie-production cost | 636 | 840 | 833 | 940 | 637 | 934 | 912 | 924 | 765 | 733 |
Insurance cost | 6.38 | 9.81 | 6.32 | 7.3 | 4.94 | 7.69 | 7.42 | 7.14 | 6.39 | 6.03 |
Budget share allocated to insurance | 1% | 1.2% | 0.8% | 0.8% | 0.8% | 0.8% | 0.8% | 0.8% | 0.8% | 0.8% |
* French-initiated films with a production license
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