CCR Re renews pioneering 157 Re sidecar for 2022The reinsurance arm of French state-backed carrier CCR has renewed its 157 Re collateralised reinsurance sidecar, which assumes a 25 percent quota share of CCR Re’s worldwide property cat portfolio.
CCR Re targets Asia growth with Nguyen hireCCR Re has continued the build-out of its international platform with the hire of Thi Hoang Anh Nguyen as an underwriter for Asia.
CCR Re hires Gen Re’s Campos in LatAm pushCCR Re has hired Gen Re’s José Luis Campos as senior underwriter in its IART Europe South, Latin America and Benelux unit.
CCR Re top line grows 14% in H1CCR Re’s gross written premium grew 14 percent to €665mn ($785mn) in the first half of 2021, as the Paris-headquartered carrier continued to expand its share of open market business both in France and internationally.
CCR unveils strategic plan to strengthen nat cat risk managementFrench state-owned reinsurer Caisse Centrale de Réassurance (CCR) has unveiled a new four-year strategic plan which targets natural disaster prevention in the context of climate change.
CCR names Le Pape to succeed Blayau as chairmanFrench state-owned reinsurer CCR has named Jacques Le Pape as chairman of the board of directors, succeeding Pierre Blayau whose term of office has come to an end.
CCR Re sees 2020 GWP rise as it posts 103.2% CRCCR Re’s gross written premium (GWP) grew 16 percent to €649mn ($771mn) in 2020 as it continued to expand its share of open market business in both France and internationally.
CCR Re posts 103.2% CR; sees double-digit revenue growth at 1.1French state-owned reinsurer CCR Re said it enjoyed overall premium growth of 12 percent at the key 1 January renewals, with the expansion coming almost entirely from its P&C operations.
CCR Re hires Axa XL’s Jacquemin to lead Southern Europe and LatAm pushCCR Re has hired Axa XL veteran Emmanuel Jacquemin to strengthen the French reinsurer’s push into the Southern European and Latin American markets.
CCR Re renews pioneering 157 Re sidecar for 2021The reinsurance arm of French state-backed carrier CCR has announced the successful renewal of its 157 Re collateralised reinsurance sidecar for 2021 with investment from Boussard & Gavaudan Investment Management.
CCR backs Gageo’s €85mn debt fundFrench state-backed carrier Caisse Centrale de Réassurance (CCR) has acted as investor sponsor for the €85mn ($100mn) debt fund launched by Gageo Asset Finance Services.
CCR Re hires Guy Carp’s Adams to head up French treaty underwritingCCR Re has brought in Elizabeth Adams from Guy Carpenter to lead its treaty underwriting operations in France.
CCR Re grows Asia and Africa underwriting team with Hivert hireCCR Re, the open market reinsurance arm of French state-backed CCR, has added Laurent Hivert as an underwriter to boost the carrier’s IART Asia and Africa underwriting team.
CCR puts French Storm Alex losses at €288mnWind and flood losses caused by October’s Storm Alex are expected to cost French insurers €288mn ($340mn), according to the French Insurance Federation and public reinsurer CCR.
Streaming now on The ReInsurer TV!It’s been another busy week of interviews with industry leaders at The ReInsurer as we tap into the important topics and events that are shaping market dynamics and expectations in the run up to the forthcoming 1.1 renewals.
Legal blind spotsLaurent Montador, Jérôme Isenbart and Aurelien Couloumy of CCR Group explore the legal blind spots that have materialised as a result of Covid-19 and how AI is assisting.
CCR Re adds Poidatz as specialty lines SVPCCR Re, the open market reinsurance arm of French state-backed CCR, has named Antoine Poidatz as specialty lines senior vice-president.
Back to basics!The mutualist approach must prevail over individualism when it comes to (re)insurance collaboration, otherwise the industry will fail to cover future risks, says Hervé Nessi, chief underwriting officer at CCR Re.