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26 country profile

Age Structure in France GDP, comparison by sector

1.7%

19.8% 18.5% 0-14 years
19.5% Agriculture
15-24 years

12.4% 11.8% 25-34 years Industry
55-64 years
Services
65 years and over
78.8%
37.5%

which is the insurance association of France, 260 companies op-
Export volume goes up to 549.9 billion erate in French insurance market, which provides employment
for 146 thousand people. OECD statistics indicate that total
USD volume of insurance premium production reached 313.5 billion
USD as of 2017.
Major agricultural products of France are wheat, grains, sugar
beet, potatoes, wine grape varieties, dairy products, beef and Premium production stood at 327.3 billion USD in 2016, 250.7
fish; while major industries in terms of their contribution to the billion USD in 2015, 293.6 billion USD in 2014, 275.6 billion
economy are machinery, chemicals, automotive, metallurgy, air- USD in 2013, 258.6 billion USD in 2012, and 288.7 billion
crafts, electronics, textile, food, businesses and tourism. USD in 2011.

France has an export volume of 549.8 billion USD, and an im- Share of insurance lines in overall premium volume of French in-
port volume of 601.7 billion USD. Shipment, plastics, iron, surance market can be listed as follows: Life and capitalization
steel and pharmaceuticals are the major export goods which are at 63.6 percent, Sickness and personal injury accidents at 10.6
largely delivered Germany, Spain, Italy, USA, Belgium and the percent, Motor at 10 percent, Personal lines at 4.9 percent,
United Kingdom. Major import goods include machinery, crude Business and agricultural at 3.5 percent, General liability at 1.7
oil, and planes; while major import partners are Germany, Bel- percent, Construction at 1.1 percent, Transport at 0.4 percent,
gium, the Netherlands, Italy, Spain, United Kingdom, USA and Natural disasters at 0.8 percent, Legal protection at 0.7 per-
China. cent, Credit surety at 0.6 percent, Assistance at 1.2 percent,
and Financial losses at 0.9 percent. According to FFA, distri-
According to the Federation Française de I'Assurance’a (FFA), bution structure of life and composite companies are dominated

Gross insurance premiums in France (million USD)

327,320 313,542
288,703 275,671 293,641
258,665 250,772

2011 2012 2013 2014 2015 2016 2017