Chapter II: Other special insurance schemes

Under the conditions laid down in Chapter I of Title VI of Book III of the French Rural and Maritime Fishing Code, the National Agricultural Risk Management Fund contributes to the development of insurance against agricultural risks and to compensation for damage that may be compensated under Articles L. 361-4-1 and L. 361-5 of the same code and for economic losses linked to the outbreak of an animal or plant…

A grouping may be formed by insurance undertakings meeting the conditions set out in 1°, 2° and 4° of I of Article L. 361-4-1 of the French Rural and Maritime Fishing Code in order to: 1° Carry out, within the meaning of the first paragraph of I of article L. 310-1-1 of the present code, reinsurance for the benefit of its members for a share, the limits of which are…

I. – The grouping referred to in article L. 442-1-1 is created by an agreement which specifies in particular its organisation, its operation and the procedures for carrying out its tasks, as well as the procedures for its dissolution, and contains stipulations under the terms of which : 1° The members of the grouping are required to transfer to the grouping a share, set by the decree referred to in…

At the end of a period which may not be less than eighteen months following the entry into force ofOrder no. 2022-1075 of 29 July 2022 on the development of climate risk management tools in agriculture, in the absence of an agreement approved in accordance with the procedures provided for in III of article L. 442-1-2 and if the distribution of insurance contracts benefiting from the aid provided for in…

I. – Any insurance undertaking which markets insurance products against climate risks in agriculture benefiting from the aid provided for in the second paragraph of article L. 361-4 of the Rural and Maritime Fishing Code and which complies with the conditions provided for in 1°, 2° and 4° of I of article L. 361-4-1 of the same code is a member of the group mentioned in article L. 442-1-1 of…

Each year, the grouping submits to the Autorité de contrôle prudentiel et de résolution a document which : 1° Details its accounts ; 2° Evaluates the technical provisions in accordance with the rules applicable to insurance undertakings.

Agricultural risk management in overseas France is governed by Title VII of Book III of the French Rural and Maritime Fishing Code.