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French public authorities’ property-insurance sector is highly concentrated

( January 27, 2025, 13:57 GMT | Official Statement) -- MLex Summary: The property-insurance sector for France's local and regional authorities is characterized by a highly concentrated offer and is dominated by the two main operators, the national competition authority said today. The watchdog therefore invited public authorities to publicize their calls for tender as widely and early as possible, and to extend the deadlines for insurers to respond to their calls for tender, as part of other recommendations made to stimulate competition. The two dominant operators are Groupama and SMACL Assurances.Statement follows. ...

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