Insurers expect France to bear Notre-Dame rebuilding cost

Firefighters work at Notre-Dame Cathedral after a massive fire devastated large parts of the gothic gem in Paris, France April 16, 2019. REUTERS/Yves Herman

(Reuters) - Major European insurers expect France to bear the bulk of the cost of rebuilding the Notre-Dame Cathedral after a fire tore through the eight-centuries-old Paris landmark on Monday.

The cost of a likely multi-year restoration project could itself take a year to become clear, industry experts said.