The state guarantee provided to French reinsurer Caisse Centrale de Reassurance (CCR) for natural catastrophe risks is under threat after a court ruled that the agreement would have to be approved by the European Commission (EC) or cancelled.
The state guarantee provided to French reinsurer Caisse Centrale de Reassurance (CCR) for natural catastrophe risks is under threat after a court ruled that the agreement would have to be approved by the European Commission (EC) or cancelled.