The stakes are strategic :
- New vehicles : 2 million per year, that is to say, 2 million insured, new vehicles
- New, financed vehicles : 1.1 million per year including 60% financed by bankers and insurance bankers
- Second-hand vehicles : 5 million per year, that is to say, 5 million insured, second-hand vehicles
- Total number of cars on the road : 19 million under 10 years old and 8 million under 4 years old
That’s why the development of a New Market for insurance companies and cooperative insurance firms, banks and insurance bankers, as well as the protection of their long term interests, is completely justified by the creation of a variety of different services based on the needs of the private car owner.
The absence of any independent, dedicated body is the reason CAAREA exists.
- New vehicles : 2 million per year, that is to say, 2 million insured, new vehicles
- New, financed vehicles : 1.1 million per year including 60% financed by bankers and insurance bankers
- Second-hand vehicles : 5 million per year, that is to say, 5 million insured, second-hand vehicles
- Total number of cars on the road : 19 million under 10 years old and 8 million under 4 years old
That’s why the development of a New Market for insurance companies and cooperative insurance firms, banks and insurance bankers, as well as the protection of their long term interests, is completely justified by the creation of a variety of different services based on the needs of the private car owner.
The absence of any independent, dedicated body is the reason CAAREA exists.
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Compagnie Automobile d'Assurance et de REassurance Associées