Catastrophe Insurance in France - The Natural Disaster Compensation Scheme

Created in 1946, Caisse Centrale de Réassurance is a French state-owned company. CCR is ranked among the top 20 reinsurers in the world and is involved in most international reinsurance lines of business and markets. An agreement entered into with the authorities also allows it to offer reinsurance cover with a government guarantee for some specific categories of insurance, notably in the field of natural disasters. This state-run cover does not, however, give CCR a monopoly in natural disaster reinsurance. In fact any insurer may seek cover for itself from the reinsurer of its choice, and may even take the risk of not underwriting reinsurance.

Artikeln finns i denna PDF-upplaga: Ladda hem