CCR Re’s profitable growth continues despite elevated nat cat costs in 2023

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Reinsurance News - Apr 02, 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,...

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