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…
I.-The balance sheet of Caisse centrale de réassurance includes three reserve accounts corresponding to each category of business covered by the State guarantee, entitled respectively: a) Special reserve for exceptional and nuclear risks ; b) Special reserve for natural catastrophe risks; c) Special reserve for risks of terrorist attacks. II – The undistributed profit for the financial year after allocation to the legal and regulated reserves is allocated in priority…
The caisse centrale de réassurance establishes a special provision for exceptional expenses relating to operations guaranteeing the risks referred to in Article L. 431-4. This provision is funded by a deduction from premiums equal to 0.10% of the estimated sum of the values guaranteed by the central reinsurance fund during the financial year in question, without this deduction exceeding one third of the amount of net premiums retained corresponding to…
The provisions of this paragraph are applicable in the territories of New Caledonia, French Polynesia, French Southern and Antarctic Territories and Wallis and Futuna.
The Caisse Centrale de Réassurance is authorised to provide reinsurance cover, with the guarantee of the State, for risks resulting from the effects of the natural disasters mentioned in the first two paragraphs of Article L. 125-1.
The caisse centrale de réassurance may only provide cover under article R. 431-30 if the following conditions are met: a) The property and activities are located in mainland France or in the French overseas departments; b) A state of natural disaster has been declared by an interministerial decree issued in application of article L. 125-1 ; c) The cover against the effects of natural disasters included in the insurance contracts…
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is a Registered Trademark of
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182, rue de Rivoli
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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