2023 ACTIVITY REPORT
CCR RE
AN INTERNATIONAL REINSURER
157, bd Haussmann - 75008 Paris - France -Tel: +33 1 44 35 31 00
Management: The Key Driver at the Heart of the Value Chain
Capital: Optimising the Potential of this Scarce Resource
Actuarial Science: A Vital Component of Risk Management
The Acceleration of Online Services
Innovation: The Critical Link in Information Systems
The Finance Department's Collaboration with SMABTP to Strengthen Ties
PROFILE AND MISSIONS
CCR Re is an international reinsurer on a human scale, based in Paris. Operating across more than 80 countries, CCR Re leverages its expertise in traditional General Insurance (P&C), Life and Health business lines, and Specialty areas such as credit, marine, aviation, space, and agri-food.
As a multi-regional and diversified player, CCR Re delivers competitive, bespoke, and innovative services to its clients, in line with its solvency and profitability goals. CCR Re is characterised by its enduring and steady relationships, attentive listening, thorough understanding of needs, prompt and pertinent responses, and a commitment to long-term partnerships.
The consortium composed of two French mutual insurers, SMABTP and MACSF, acquired control of CCR Re from Caisse Centrale de Réassurance (CCR) through a €200 million capital increase in mid-2023. Together, SMABTP and MACSF now hold 75% of the voting rights, while CCR maintains a 25% stake in the company. This transaction equips CCR Re with the resources to advance its development strategy, which has been effectively executed since 2017.
CCR Re’s strength is underpinned year after year by the diversity of its underwriting and investment portfolio, the prudence of its provisioning policy, the safeguarding of its balance sheet and earnings against peak risks, and the further reinforcement of its governance, organisation, and internal control system.
Since July 2023, CCR Re has maintained a single A rating with a stable outlook from both S&P and AM Best.