Scor to appeal EC judgment on CCR state guarantee

Scor intends to appeal the European Commission (EC)'s decision
over the state guarantee provided to French reinsurer Caisse
Centrale de Réassurance (CCR) to the EU's Court of First
Instance.
Yesterday, the ECdeclared that the state guarantee provided to CCR for natural
catastrophe risks complied with EU internal market rules.
However, French reinsurance giant Scor disputes that the state
aid is compatible with the internal market, arguing it is not the
French state's role to take catastro