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- ▪ French Wood Processor Establishes Captive, 5th New Captive in France This Year：On September 21, 2026, a document signed by J.-P. FAUGÈRE, Chairman of the Insurance Sub-Committee of France's Prudential Supervision and Resolution Authority (ACPR), approved the establishment of Florence Ré. This is a reinsurance captive established by its parent company, French timber enterprise Piveteaubois.
- ▪ French Timber-Processing Group Establishes Captive — the Fifth New Captive in France This Year：On 21 September 2026, the ACPR approved the establishment of Florence Ré, a reinsurance captive set up by Piveteaubois, a French timber-processing enterprise based in Vendée. The captive will cover property damage at the group's three production sites in France and Poland, together with fire and storm losses at open-air timber yards, following severe windstorm catastrophes that battered western France in winter 2025-2026.
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French Timber-Processing Group Establishes Captive — the Fifth New Captive in France This Year
On 21 September 2026, the ACPR approved the establishment of Florence Ré, a reinsurance captive set up by Piveteaubois, a French timber-processing enterprise based in Vendée. The captive will cover property damage at the group's three production sites in France and Poland, together with fire and storm losses at open-air timber yards, following severe windstorm catastrophes that battered western France in winter 2025-2026....
1970-01-01
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