France business failures (12m raw): financial and insurance
France business failures (12m raw): financial and insurance stood at 1,767 units in Jul 2026, according to INSEE – Institut national de la statistique et des études économiques (BDM). It is one of the indicators in the Business demography table (Value · Monthly), with a complete series running from Dec 1990 to Jul 2026. The complete series with an interactive chart, free to download.
This indicator in the Business demography table
| Indicator | 07-2026 | 06-2026 | 05-2026 | 04-2026 | 03-2026 | 02-2026 | 01-2026 | 12-2025 | 11-2025 | 10-2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Business failures (INSEE) | |||||||||||
| 12-month cumulative raw data - Financial and insurance activities | 1,767 | 1,716 | 1,692 | 1,693 | 1,691 | 1,639 | 1,624 | 1,615 | 1,616 | 1,631 | |
| 12-month cumulative raw data - All economic activities | 70,605 | 70,816 | 70,103 | 70,244 | 69,947 | 69,386 | 68,952 | 68,524 | 68,309 | 68,148 |
Understanding france business failures (12m raw): financial and insurance
Formal legal proceedings, judicial liquidations, and court-supervised restructuring rulings for banks, credit institutions, investment holding companies, asset management firms, insurance underwriters, and auxiliary financial brokerages are aggregated over a twelve-month rolling window. This specialized count isolates financial intermediaries and risk-bearing institutions from the non-financial corporate economy, capturing systemic vulnerabilities, regulatory capital breaches, and credit market shocks. Because financial firms operate under stringent regulatory oversight and distinct supervisory frameworks, their insolvency pathways differ markedly from standard commercial trading enterprises. The cumulative tally advances whenever a tribunal issues a formal collective liquidation or resolution notice for a financial entity.
Interpreting this series demands caution because financial insolvencies are rare compared to retail or construction, meaning single large institutional failures can create sharp statistical movements in a rolling sum. Analysts should not view these figures as direct proxies for general corporate health, as financial distress often reflects regulatory or asset valuation anomalies specific to banking and insurance markets. Comparisons with broader economic activity measures require understanding that financial sector liquidations frequently involve specialized regulatory interventions before reaching standard commercial court dockets.
Frequently asked questions
- Are insurance companies included alongside banks in this financial series?
- Yes, insurance underwriters, pension funds, and financial auxiliaries are all part of this overarching sector grouping.
- Why are financial insolvencies relatively infrequent in official statistics?
- Financial institutions are subject to rigorous regulatory supervision and capital requirements, often leading to supervised mergers or bailouts before formal bankruptcy.
- Does this measure capture shadow banking entities?
- Only legally registered financial intermediaries subject to formal commercial court or regulatory liquidation procedures are counted.