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<p>Bot: Creating new article from JSON</p> <p><b>New page</b></p><div>📋 &#039;&#039;&#039;French Insurance Code&#039;&#039;&#039; (&#039;&#039;Code des assurances&#039;&#039;) is the principal legislative framework governing [[Definition:Insurance | insurance]] activities in France, covering the formation and execution of [[Definition:Insurance contract | insurance contracts]], the licensing and prudential supervision of [[Definition:Insurance carrier | insurers]], and the conduct of [[Definition:Insurance intermediary | intermediaries]]. Enacted in its modern consolidated form and regularly updated by legislative and regulatory action, the Code sits within the broader French civil law tradition and operates alongside European Union directives — most notably the [[Definition:Solvency II | Solvency II]] framework, which has been transposed into French law. It is distinct from the &#039;&#039;Code de la mutualité&#039;&#039; (governing mutual societies) and the &#039;&#039;Code de la sécurité sociale&#039;&#039; (governing social security), though all three interact to shape the full landscape of risk protection in France.<br /> <br /> ⚙️ The Code is organized into a legislative part (&#039;&#039;partie législative&#039;&#039;), a regulatory part (&#039;&#039;partie réglementaire&#039;&#039;), and decree-level provisions (&#039;&#039;arrêtés&#039;&#039;), together covering everything from the definition of insurable interest to [[Definition:Reserving | reserve]] requirements, [[Definition:Policyholder | policyholder]] protection rules, and [[Definition:Reinsurance | reinsurance]] arrangements. Supervision under the Code falls to the &#039;&#039;Autorité de Contrôle Prudentiel et de Résolution&#039;&#039; ([[Definition:ACPR | ACPR]]), France&#039;s integrated financial supervisor, which enforces [[Definition:Solvency II | Solvency II]] capital standards and market conduct rules for French-domiciled entities. Key provisions include mandatory [[Definition:Civil liability insurance | civil liability insurance]] requirements (such as automobile and construction decennial liability), the &#039;&#039;prescription biennale&#039;&#039; (a two-year limitation period for insurance claims that is shorter than general civil law prescriptions), and detailed rules on [[Definition:Duty of disclosure | policyholder disclosure]] obligations. For foreign insurers operating in France through [[Definition:Freedom of services | freedom of services]] or [[Definition:Branch | branch]] establishment under EU passporting, the Code defines the local compliance overlay that applies in addition to home-state supervision.<br /> <br /> 💡 France ranks among the largest [[Definition:Insurance market | insurance markets]] in Europe and globally, and the French Insurance Code underpins the regulatory environment for major carriers such as [[Definition:AXA | AXA]], [[Definition:SCOR | SCOR]], and numerous mutual insurers. For international (re)insurers and [[Definition:Insurtech | insurtechs]] entering or partnering in the French market, understanding the Code is essential because it imposes specific consumer protection standards — including mandatory cooling-off periods, the &#039;&#039;loi Hamon&#039;&#039; provisions allowing annual contract switching in personal lines, and strict rules on policy wording clarity — that differ materially from Anglo-American market practices. The Code&#039;s interaction with [[Definition:Solvency II | Solvency II]] also means that French insurers must satisfy both EU-level capital and governance standards and additional national requirements, creating a layered compliance environment. As European insurance regulation continues to evolve — particularly through the Solvency II review and the EU&#039;s sustainable finance agenda — the French Insurance Code will remain a living instrument that shapes one of the world&#039;s most significant insurance jurisdictions.<br /> <br /> &#039;&#039;&#039;Related concepts:&#039;&#039;&#039;<br /> {{Div col|colwidth=20em}}<br /> * [[Definition:Solvency II]]<br /> * [[Definition:ACPR]]<br /> * [[Definition:Insurance regulation]]<br /> * [[Definition:Civil liability insurance]]<br /> * [[Definition:Insurance contract]]<br /> * [[Definition:AXA]]<br /> {{Div col end}}</div>

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