Victims of Nice terrorist truck attack receive €37m

nice attack tribute

Two years after the truck attack in Nice, southern France, the terror compensation fund has paid out €37m (£33m) to 2135 victims, who were either injured in the attack or are relatives of casualties.

On 14 July 2016, a man drove a truck into crowds who were celebrating Bastille Day on the Promenade des Anglais, killing 86 people and injuring more than 400 others.

The Guarantee Fund for victims of terrorism and other criminal acts has confirmed paying out compensation. Its managing director Julien Rencki told local newspaper Nice Matin: “We have started to indemnify 2315 direct victims and relatives of people who died.

“To this day, we have paid out €37m. But this is mainly provisions. The biggest part is still to come, once the consequences have stabilised.”

Under French law, victims have 10 years to claim compensation. The Fund estimates total compensation will be €300m (£270m).

The Guarantee Fund is funded through a levy on French property insurance policies. That ‘attack tax’ was raised from €4.30 to €5.90 (from £3.8 to £5.2) on 1 January 2017, following deadly attacks in Paris in 2015 and Nice in 2016.

Rencki told Nice Matin there is “no reason to worry” about the fund’s capacity to compensate victims of terrorism: “We have €1.7bn in reserves.”

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

You need to sign in to use this feature. If you don’t have an Insurance Post account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here