CCR is a French reinsurance company, belonging to the French State, providing an unlimited state-guaranteed
coverage to its clients for natural disasters covered within the Natural Catastrophe compensation scheme. In
order to meet the needs of the French State, those of its clients, and its own income forecasts, CCR has developed
impact models to estimate its exposure and to evaluate insurance damages caused by climatic events such has
flood, drought and storm surge.
The strategy of CCR is to develop its own impact models for natural disasters in order to have control over each components of the model from hazard to damage, and to validate them using the available data and especially claims, collected since 1998, used for calibrating purpose. The development of such models is possible thanks to the significant database of insurance portfolios and claims collated by CCR with the support of its clients.