22.07.2016, 16:26
A.M. Best Comments on Ratings of Caisse Centrale de Reassurance
OREANDA-NEWS. A.M. Best has commented that the financial strength rating (FSR) of A+ (Superior) and the issuer credit rating of “aa”, both with stable outlooks, of Caisse Centrale de Réassurance (CCR) (France) remain unchanged following the decision of the Paris Administrative Court, published on 12 July 2016. The court’s ruling requires the French government to terminate within a year the state guarantee granted to CCR on France’s natural catastrophe scheme, unless, within a year, French authorities notify the European Commission of the aforementioned natural catastrophe scheme.
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