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CCR Alger increases its share capital

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Magazine Issue: 
The digital technology, a new battle field [3]
Magazine date: 
Oct 2016

The Compagnie Centrale de Réassurance (CCR) has recently increased its share capital from 19 billion DZD (178.2 million USD) to 22 billion DZD (200.6 million USD).

Strengthening its financial base has allowed the Algerian national reinsurer to develop all of its activities on both the national as well as the international market.

As a reminder, the CCR achieved at the end of 2015 a turnover of 25.33 billion DZD (237.6 million USD), up by 13.57% compared to 2014.
As for its net income of the same year, it amounted to 2.87 billion DZD (26.9 million USD).

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Tue, 01/11/2016 - 15:15

Source URL: https://www.atlas-mag.net/en/article/ccr-alger-increases-its-share-capital

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[3] https://www.atlas-mag.net/en/issue/the-digital-technology-a-new-battle-field
[4] http://www.atlas-mag.net/en/article/ranking-of-the-mena-reinsurers
[5] http://www.atlas-mag.net/en/article/special-reinsurance-reinsurance-in-the-mena-zone