Pandemic: establishment of a specific insurance plan in France

The Ministry of the Economy is setting up a working group to consider the implementation of a specific insurance plan to cover losses caused by a large-scale event such as a pandemic outbreak.

This working group brings together the government services along with representatives of the insurance and reinsurance industry, the Caisse Centrale de Réassurance (CCR), members of parliament, representatives of employers' organisations (MEDEF) and (CPME) as well as representatives of the Association of Corporate Risk and Insurance Management (AMRAE).

This plan is inspired by the natural disasters [4]' insurance scheme established in France since 1982. The working group's proposals are to be submitted by the beginning of June 2020.