The French Natural Catastrophe System is based on the French Constitution and its principle founding elements: « Liberté, Egalité, Fraternité » (Freedom, Equality, Fraternity)! A discussion will be held on the regime’s past, the necessary reforms going forward and the existing plans for improvement in the near future, as well as transversal interests of policyholders, insurers and reinsurance companies and brokers, financial and capital markets, government.
New developments of emerging public private partnerships projects throughout the world and particularly in the USA through the National Insurance Flood Program, but also insurance schemes (California Earthquake Authority) and financial structures (Alabama Insurance Fund) specially designed for large scale natural catastrophic events will also be highlighted.