trending Market Intelligence /marketintelligence/en/news-insights/trending/JUe7LvM5eenZZrgHt3fqAQ2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

SCOR to appeal EC decision over CCR state guarantee

Infrastructure Issues: Tools to Dig Deep on Potential Risks

Part Two IFRS 9 Blog Series: The Need to Upgrade Analytical Tools

2018 US Property Casualty Insurance Market Report

Fintech

Fintech Funding Flows To Insurtech In February


SCOR to appeal EC decision over CCR state guarantee

SCORSE intends to file before the Court of First Instance of the EU anappeal to the European Commission's decision over the French government'sguarantee of Caisse Centrale deReassurance SA's natural catastrophe reinsurance business.

The EC confirmed the economic nature of CCR's naturalcatastrophe reinsurance activity and the existence of illegal state aid in thestate guarantee, but added that it considers the state aid "compatiblewith the internal market."

SCOR argued that it is not the French government's role totake catastrophe risks in other countries. CCR, a 100% state-owned company, hascommercial activities outside France.