S&P confirms CCR Re's A- rating

Standard & Poor's (S&P) has confirmed its preliminary
A- rating for the recently formed subsidiary of state-owned French
reinsurer Caisse Centrale de Réassurance (CCR).
The announcement comes just days after the regulatory approval
and launch of CCR Re, which will write the open market business of
France's reinsurance giant.
The A- rating is a confirmation of the preliminary S&P
rating assigned in September 2015. The rating agency said it would
have withdrawn or revised the ra