French state reinsurer Caisse Centrale de Réassurance (CCR)'s loss ratio jumped 13 percentage points to 74 percent in 2016 after the carrier suffered EUR400mn ($436mn) from widespread flooding in France in early summer.
French state reinsurer Caisse Centrale de Réassurance (CCR)'s loss ratio jumped 13 percentage points to 74 percent in 2016 after the carrier suffered EUR400mn ($436mn) from widespread flooding in France in early summer.