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2 April 2024Reinsurance

CCR Re turnover surpasses €1bn milestone in ‘buoyant’ market

France-based reinsurer CCR Re handled high nat cat claims from large-scale secondary perils in 2023 yet managed to increase its profit by 33.3% with a robust 20% growth in total turnover, supported by favourable market conditions.

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Reinsurance
6 February 2024   The French carrier claims more than half of the growth was organic.
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16 January 2024   The renewal comes amidst yet another tight retrocession market.
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11 September 2023   With extra capacity and the backing of two established insurer shareholders, CCR Re eyes long-term growth in business lines and regions, says the firm’s Laurent Montador.