FRANCE: SUPERMARKETS AND DAMAGES INSURANCE

Article Abstract:

The major retail companies intend to expand on the French damages insurance market. They face two major obstacles in doing so. The first is the number of companies on the automobile insurance market and home insurance - the two products targeted by the retailers. The second is the pressure on contract prices, although margins for these two products are at a minimum. Retailers appear to prefer teaming up with specialists in order to enter this mass market. This is a way for them to limit their financial commitments. Auchan has teamed up with Equite in damages insurance, Intermarche has teamed up with the Groupe Azur for home insurance and automobile insurance, and Fineref has teamed with GMF and Suravenir also in home and automobile insurance. Direct sales, which are considered to be large retailers' domain, represent only 3% of the home and automobile contracts, compared with a third for mutuals without intermediaries. Retailers cover only 1% of the market, and Carrefour represents half of this total.

Forecasts, trends, outlooks, Direct Property and Casualty Insurance Carriers, Surety insurance, Fire, marine, and casualty insurance, Auto Insurance, Fire & Theft Insurance, Personal Property & Liability Insur, Auchan S.A., Property and casualty insurance, Carrefour S.A., Automobile insurance, Business insurance, Grandi Magazzini Fioroni S.p.A.

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France: Leclerc backs the cinema

Article Abstract:

The Leclerc centres are partners of the Festival International du Cinema au Feminin d'Arcachon, the International Women's Cinema Festival at Arcachon, which is to be held from 10 to 20 September 2001. The Leclerc retail group will organise a big contest game, with prizes of jewellery and video cassettes.

Food Stores, Food and Beverage Stores, Marketing procedures, LeClerc

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