Magazine date:
Feb 2012 CCR has posted a turnover of 13.3 billion DZD (176 million USD) in 2011, that is, 36% more than 2010. This great development has been realized thanks to the increase of the legal cession rate which rose to 50% in 2011. International acceptance (930 million DZD, that is, 12.3 million USD) will henceforth account for 7% of the turnover; they will rise by 45% over one year. CCR is shareholder in Africa Re (Nigeria) and Arab Re (Lebanon). It is also member of the Arab War Risks Insurance Syndicate (AWRIS) based in Bahrain.