Reinsurance News
CCR Re
CCR Re rebrands as Arundo Re
17th January 2025
French reinsurer CCR Re, which operates in the traditional segments of property and casualty, life and health, and certain specialty lines, has rebranded as Arundo Re. The name change was announced on the 19th of September 2024. Roughly 18 months prior a consortium comprised of SMABTP and MACSF completed ... Read the full article
CCR Re sponsors seventh vintage of its 157 Re reinsurance sidecar
8th January 2025
French reinsurer CCR Re has sponsored the seventh vintage of its collateralised reinsurance sidecar vehicle, 157 Re 25. According to the announcement, CCR Re has made a number of improvements to the operation of 157 Re to facilitate future renewals, as well as aligning with its strategy of diversifying its sources ... Read the full article
CCR Re appoints Ludovic Boulanger as Life Underwriter
7th January 2025
French reinsurer CCR Re has announced the appointment of Ludovic Boulanger as Life Underwriter. Boulanger brings over 18 years of experience in life actuarial science, with extensive expertise in life reinsurance across areas such as protection, long-term care, credit insurance, and savings. He joins CCR Re from BPCE Assurances, where he served ... Read the full article
Vaibhavi Mehta becomes CCR Re’s Director of Underwriting, Life
2nd October 2024
Vaibhavi Mehta has joined CCR Re as Director of Underwriting (Life), a Paris-based role, following her year tenure at Reinsurance Group of America (RGA). Mehta brings to her new role 17 years’ experience within the field of reinsurance and consultancy, during which time she held management positions within large international companies. Her ... Read the full article
French reinsurer CCR Re to become Arundo Re from January
19th September 2024
French reinsurer CCR Re has announced that on January 16th, 2025, its name will officially change to Arundo Re, roughly 18 months after a consortium comprised of SMABTP and MACSF completed the acquisition of a majority shareholding in the firm. Founded in 2016, CCR Re was established to take over the ... Read the full article
CCR Re’s turnover rises 7% to €970m in H1’24
5th September 2024
French reinsurer CCR Re has announced turnover of €970 million for the first half of 2024, up 7% year-on-year at current exchange rates, as the firm's non-life business performance improved. For CCR Re's life business, turnover was stable in H1 2024 when compared with the prior year, while non-life saw an ... Read the full article
CCR Re appoints Sébastien Jallet as Head of Investment
2nd September 2024
French reinsurer CCR Re has announced the appointment of Sébastien Jallet as Head of Investment. In his new role, Jallet will be responsible for managing CCR Re’s investments and will report to Executive Management. Bertrand Labilloy, CEO of CCR Re, expressed enthusiasm for Jallet’s appointment, stating, “We are delighted to welcome Sébastien ... Read the full article
CCR Re’s ESG asset portfolio surpasses €1bn mark
9th July 2024
French reinsurer CCR Re has seen significant growth in its ESG asset portfolio, which has increased by 20% since 2022, reaching over €1 billion out of €3.6 billion in Assets Under Management (AUM). In its 2023 ESG Report, CCR Re attributes this robust growth to its commitment to sustainable and responsible ... Read the full article
Cédric Boureau returns to CCR Re as Senior Actuary Underwriter
28th May 2024
French reinsurer CCR Re has announced the return of Cédric Boureau as a Senior Actuary Underwriter, responsible for underwriting in the regions of Asia and Africa, reporting to John Conan. Boureau has returned to the French reinsurer after four years with Swiss Re where he was a Reinsurance Senior Client Treaty ... Read the full article
CCR Re adds Maxime Krumholz as a non-life underwriter
4th April 2024
French reinsurer CCR Re has appointed Maxime Krumholz as a Non-Life Underwriter, where he will join the Northern Europe and the Central & Eastern Europe Non-Life teams within the firm's Underwriting Department. Most recently, Krumholz served as a Treaty Casualty Underwriter for Munich Re in Germany. Prior to that, he has served ... Read the full article
CCR Re’s profitable growth continues despite elevated nat cat costs in 2023
2nd April 2024
French reinsurer CCR Re has reported a 2.1 percentage point improvement in its combined ratio for 2023 to 96.6%, despite the cost of natural catastrophes, net of retrocession, rising by €53 million year-on-year to €88 million. Gross, natural catastrophe costs reached €117 million for CCR Re in 2023, a significant rise ... Read the full article
CCR choses Clearwater for its full-investment lifecycle solution
7th February 2024
French reinsurer Caisse Centrale de Réassurance (CCR) has selected Clearwater to power its entire investment management processes and streamline its unlisted assets workflow. CCR is a state-owned reinsurer that provides insurance companies operating in France with state-guaranteed coverage against natural disasters and other exceptional risks in the public interest. The French reinsurer ... Read the full article
Organic growth drives portfolio expansion for CCR Re at Jan 1 reinsurance renewals
5th February 2024
CCR Re, the French reinsurer, took advantage of "slightly tougher reinsurance rates" at the January renewals as the firm wrote almost €840 million of premiums, an increase of 11% year-on year. The January 1st, 2024, reinsurance renewals accounts for roughly 65% of CCR Re's portfolio. The reinsurer notes that more than half ... Read the full article
CCR Re sponsors sixth renewal of its 157 Re sidecar
16th January 2024
French reinsurer CCR Re has sponsored the sixth renewal of its reinsurance sidecar vehicle, 157 Re 24. According to the firm, access to the insurance-linked securities (ILS) market is an important part of its retrocession strategy, and despite another tight retrocession market this year, it still managed to take full advantage ... Read the full article
CCR RE promotes Guzman to Life underwriter for LatAm & Spain
11th January 2024
CCR RE, the French reinsurance company, has promoted Georges Guzman to Life underwriter for Latin America and Spain, further strengthening it's underwriting team. He joined the firm in 2016, and has since been a senior analyst in natural catastrophe modelling within CCR Re's Actuarial and Risk Department. Prior to joining the French reinsurer, ... Read the full article
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