CICA-RE

Company profile

CICA-RE company profile

CICA-RE, also known as Compagnie Commune de Réassurance des Etats membres de la CIMA, operates in the insurance industry. The company provides reinsurance services to its clients. Reinsurance is a practice where insurers transfer portions of their risk portfolios to other parties to reduce the likelihood of having to pay a large obligation resulting from an insurance claim. The company's services are aimed at ensuring stability in the insurance market and providing a safety net for insurance companies. CICA-RE's credit ratings outlook is reported to be stable, indicating a consistent ability to meet its financial obligations.