The Chairman of the Board of Directors of the Caisse Centrale de Réassurance closes the Fund’s accounts for the past financial year after consulting the Management Board referred to in Article R. 427-7 in accordance with the procedures set out in Article R. 427-9.
In order to cover the costs of compensation for which it is responsible pursuant to I and II of article L. 426-1, agreements are concluded between the fund and the insurance companies concerned on the one hand, and the office instituted underarticle L. 1142-22 of the Public Health Code on the other.
When, following the withdrawal of authorisation from an insurance company, the fund assumes responsibility, under II of article L. 426-1 of this code, for compensation for the damage referred to inarticle L. 1142-2 of the Public Health Code and which are insured under the insurance cover made compulsory for self-employed health professionals by article L. 251-1 of this Code, this payment is made under the conditions and within the limits…
The liquidator appointed by the Autorité de contrôle prudentiel et de résolution in application of articles L. 326-1 and L. 326-2, or by the competent authorities of the home state of an insurance company whose registered office is located in the territory of a European Union Member State other than France, refers to the fund the claims for payment made by the beneficiaries of insurance contracts taken out by self-employed…
The liquidator referred to in article R. 427-13 of this Code shall, with the agreement of the Fund, manage the files relating to compensation for damage covered by insurance, the subscription of which is made compulsory byarticle L. 1142-2 of the Public Health Code and which is insured with the company in liquidation. It must, at the request of the fund, provide it with any explanations or documents relating to…
In order to determine the principle or the extent of their right to compensation, injured third parties may not summon the fund before the courts, in particular to declare a joint judgment. The same applies to policyholders in respect of actions to enforce a guarantee where the decision or settlement relates to a policy covered by the fund.
The provisions of article R. 322-26 are applicable to the representatives of the French State on the Board of Directors of Caisse centrale de réassurance (1). The mandate of member of the Board of Directors representing the State is free of charge, without prejudice to the reimbursement by the company of expenses incurred in the exercise of the said mandate.
For operations carried out with the guarantee of the State, the special conditions, in particular tariffs, of reinsurance treaties and insurance contracts are set by the Caisse Centrale de Réassurance in accordance with reinsurance and insurance practices and methods.
The State guarantee under Articles L. 431-4, L. 431-5, L. 431-9 and L. 431-10 of this Code gives rise to the payment of remuneration by the Caisse Centrale de Réassurance. The terms and conditions for the commitment, call and remuneration of the guarantee are set out in an agreement between the Minister for the Economy and Finance and the Caisse Centrale de Réassurance.
Transactions covered by the State guarantee are recorded in separate accounts opened in the books of the Caisse Centrale de Réassurance, with one account for transactions carried out under Articles L. 431-4 and L. 431-5, one account for transactions carried out under Article L. 431-9 and one account for transactions carried out under Article L. 431-10. Each of these accounts shows details of all provisions, income, expenses, losses and profits…
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75001, Paris France
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is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
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