At the request of the Senate Finance Committee, the Autorité de la concurrence has published an opinion on the local and regional public authority property insurance sector

On 27/01/2025, the French Competition Authority issued an update regarding At the request of the Senate Finance Committee, the Autorité de la concurrence has published an opinion on the local and regional public authority property insurance sector. The report highlights a highly concentrated market with two main operators, Groupama and SMACL Assurances SA, and provides seven recommendations to improve competition in the sector, including enhancing knowledge of assets and risks, clarifying public procurement rules, and staggering bidding processes.