Spain
Spain Title
Consorcio de Compensación de Seguros (CCS)
Spain Description
The 'Consorcio de Compensación de Seguros' (CCS), is an instrument that services the Spanish insurance sector, with an extensive historical background.
It is a public business organisation that is attached to the Ministry of Economic Affairs and Digital Transformation, through the General Directorate for Insurance and Pension Funds. It performs many functions within the insurance field, and amongst which those related to coverage of extraordinary risk, compulsory vehicle insurance, combined agricultural insurance and liquidation of insurance companies stand out.
Spain News and Events
News and Events
14/09/2023
From 1st to 4th September 2023 a cut-off low (DANA, for the Spanish) has caused intense and persistent precipitation, leading to floods in large areas of Peninsular Spain.
07/09/2023
From 1st to 4th September 2023 a cut-off low (DANA, for the Spanish) has caused intense and persistent precipitation, leading to floods in large areas of Peninsular Spain.
05 September 2023
From 1st to 4th September 2023 a cut-off low (DANA, for the Spanish) has caused intense and persistent precipitation, leading to floods in large areas of Peninsular Spain.
3 July 2023
A review is made of some topical issues, such as the applications and implications of Artificial Intelligence, the need for early warnings, risk management or the climate crisis. Issues that would mean adaptation from CCS, as well as from every other social and economical player. The cover article of this issue makes a review of the evolution of extraordinary risk covers, rates and deductibles over the course of CCS's history, as a token for this adaptive capacity.