
English: 
PUBLIC GROUP AND INTERNATIONAL REINSURER
2018 was the warmest year since 1900 according to Météo France
with an annual average temperature of 1.4° C above the norm
As in 2017, France was again affected by damages due to the swelling and shrinking of clay soils.
But in contrast to 2017, the 2018 drought began in the summer
and was brought on by low levels of rainfall and severe heat.
Rainfall deficits of 10 to 20% were recorded in northern France
and 30% below-average in Alsace.
Drought is the second most important type of loss event
covered under the French compensation scheme.
Concerning drought events, France was once again struck by severe drought over the course of 2018.
However, it was a bit different than in previous years as it affected the northeast quadrant of France.

French: 
2018 a été l'année la plus chaude depuis 1900 selon Météo France avec une température moyenne annuelle
supérieure de 1,4 degrés par rapport à la normale. Comme en 2017, la France a connu un nouveau phénomène intense de retrait-gonflement des argiles.
A la différence de la sécheresse de 2017, celle de 2018 ne débute qu'à l'été et résulte de très faibles précipitations
et d'épisodes de fortes chaleurs.
Des déficits de pluviométrie de 10 à 20% sont constatés dans le Nord et jusqu'à 30 % en Alsace.
Rappelons qu'il s'agit de la 2ème cause d'indemnisation au titre du régime des catastrophes naturelles en France

English: 
Normally, the western and southwestern portions of France are affected.
The event was also unusual as it began later in the year,
during the summer due to low levels of rainfall and severe heat.
In terms of financial impact, although it is a bit early to give an accurate estimate,
At this point, CCR estimates losses to fall between 750 and 880 million euros making the event particularly significant
and well above average compared to the past few years.
In addition to drought, 2018 was marked by several severe flood events in January.
According to Météo France, the winter of 2017-2018 was the wettest winter since 1959.
Record rains caused flooding in the Bourgogne, Limousine, Rhone-Alps and Franche-Comté regions.
The Paris region was also affected as the Seine and Marne Rivers left their banks.
If we were to combine the losses due to the drought and flood events,

English: 
the total losses to the French market would amount to 1.8 billion euros.
This amount is very high and well above the average annual cost of about 1 billion euros.
In terms of ranking, 2018 ranks fourth in terms of years with the highest amount of annual losses.
This is also the third year in a row, after 2016 and 2017, that losses covered under the
compensation scheme out-pace the scheme’s premium income.
And so, once again, we had to rely on CCR’s loss reserves
to compensate for the high cost of these severe events.
The most important event of the year was the flooding that struck the Hérault, Tarn and Aude departments.
The Aude was heavily impacted by particularly violent Mediterranean rains.
On the night of October 14 to 15, almost 20 centimeters of rain fell in portions of the department,

English: 
the equivalent of three months of rainfall.
The highest amount—30 centimeters—was recorded at Trèbes
where 24.4 centimeters fell in 6 hours.
There were 14 fatalities and 74 injuries.
CCR expects insured property losses to amount to between 130 and 180 million euros.
For Generali France, the Aude floods, that affected a highly concentrated area,
had little impact on our clients due mostly to our level of market share and the type of clients in our portfolio.
Roughly, our share comes to 3% of the total estimated market loss
and a cost of between 5 and 6% of the cost to the market.
The losses we recorded are aligned with our portfolio mix.
We carry a small number of multi-risk homeowners and motor risks
combined with a higher number of commercial and business risks.

English: 
Although 2017 was a spectacular year in terms of natural disasters, especially the hurricanes that struck the Caribbean,
2018 will remain a year of high losses punctuated by a series of events of moderate impact.
When the intensity is in decline, the frequency increases.
PUBLIC GROUP AND INTERNATIONAL REINSURER
Subtitles: Pierel & Associés
