Call Us + 33 1 84 88 31 00

Article A431-1 of the French Insurance Code

The acquisition or extension of financial holdings by the caisse centrale de réassurance under the conditions provided for by the legislation in force must, notwithstanding any provisions to the contrary in the articles of association, be subject to approval by order of the Minister responsible for the economy and finance in all cases where such acquisition or extension of holdings results in the caisse centrale de réassurance acquiring a stake…

Read More »

Article A431-6 of the French Insurance Code

The reinsurance of risks relating to acts of terrorism and terrorist attacks referred to in Article L. 431-10 are recorded in the accounts of the Caisse Centrale de Réassurance in a separate account. This account shows income from premiums and commissions, the portion of income corresponding to the investment of funds managed by the caisse and, where applicable, payments made by the State in respect of the guarantee. On the…

Read More »

Article A431-7 of the French Insurance Code

On 31 December each year, the Caisse Centrale de Réassurance shall draw up an inventory of the Fonds National de Garantie des Calamités Agricoles and a balance sheet and profit and loss account in the following form. 1° Balance sheet. Assets : Term investments. Demand deposits. Claims on the Treasury : – under article 3-1 a of the law of 10 July 1964 ; – under article 3-1 b of…

Read More »

Article A431-8 of the French Insurance Code

On 31 December each year, the caisse centrale de réassurance shall draw up an inventory of the fund for the adjustment of certain annuities awarded as compensation for loss caused by a motorised land vehicle and shall prepare a balance sheet and a general operating and loss and profit account in the following form. 1° Balance sheet. Assets : Fixed assets in France ; Buildings ; Fixed assets under construction…

Read More »

Article A431-9 of the French Insurance Code

The rate of the deduction for assessment and collection costs to be made from the proceeds of the additional contribution to insurance premiums or contributions instituted by article 2 of law no. 74-1118 of 27 December 1974 is set at 2%. The provisions to be set aside each year by the fund for the adjustment of certain annuities paid as compensation for damage caused by a motorised land vehicle, to…

Read More »

Contact a French lawyer now

Contact a French Business Lawyer

Our French business lawyers are here to help.
We offer a FREE evaluation of your case.
Call us at +33 (0) 1 84 88 31 00 or send us an email.

Useful links

You have a question in French Business Law?

Our French business lawyers are here to help.
We offer a FREE evaluation of your case.
Call +33 (0) 1 84 88 31 00 or send us an email.

All information exchanged through this website will be communicated to lawyers registered with a French Bar and will remain confidential.