Caisse Centrale de Réassurance
CCR is a reinsurance group wholly-owned by the State of France and ranks among the top 25 players in international reinsurance. Through the Natural Disaster compensation scheme backed by the State's guarantee and working in the general interest, it provides the French market with coverage against natural disasters and other exceptional risks. Since January 1, 2017, its subsidiary, CCR Re, operates in the Life, Non-Life and Specialty Lines in France as well as in sixty countries worldwide. In conformity with the Natural Disaster compensation scheme established in France in 1982, CCR is accredited to provide, upon the request of the insurer, State-guaranteed unlimited reinsurance coverage against natural disasters arising in France. In this manner, all insureds - private persons, businesses, local municipalities - can benefit from coverage against these risks despite their level of exposure. Thanks to the concerted action of insurers and CCR, the scheme also guarantees quick and certain compensation of the losses incurred regardless of their scale.