CCR - Compagnie Centrale de Réassurance

Compagnie Centrale de Réassurance
DATE OF CREATION: 1st October 1973, Algeria
CLASSES OF BUSINESS: Life and non life
MAIN UNDERWRITING ZONES: Africa, Middle East and Asia

CCR : contact

Adresse: N° 133 Cité Administrative Plateau Ouled Fayet Alger 16 035, Algeria
Tel: +213 (0) 23 31 40 75
Fax: +213 (0) 23 31 40 69
Email: contact [at] ccr [dot] dz
Website: https://www.ccr.dz/fr/

CCR : rating

AgencyRatingOutlook
A.M. BestB+Stable

CCR : main indicators

In thousands USD
 201720182019
Turnover256 282269 172299 206
Shareholder’s equity251 274256 236269 892
Net result25 57025 96626 149

CCR : turnover by class of business

In thousands USD
 Premiums 2018Premiums 2019In %
Property damage*192 993238 48879.71%
Marine30 53331 27810.45%
Miscellaneous36 73717 6515.90%
Total non life260 263287 41796.06%
Life10 88711 7893.94%
Grand total271 150299 206100%

* Including motor insurance

CCR : capital and shareholding

ShareholdersIn %
Ministry of Finance100%
CCR-Share-Capital-2019

CCR : technical ratios

 201720182019
Loss ratio51.28%52.66%59.47%
Management expenses ratio29.27%31.40%25.78%
Combined ratio80.55%84.06%85.25%

CCR : management

Hadj Mohamed SebaBoard chairman and chief executive officer
Abdellah BenseidiDeputy general manager and chief operating officer
Sofiane AzzougInternational acceptances manager
Ismail GherbiManager, industrial risks and engineering
Abdelmadjid OulmaneManager of personal lines and miscellaneous risks
Bachir TarilMarine manager
Adda GhlamllahChief information officer
Sid Ahmed RachediFinance & accounting manager
Makhlouf LatrousGeneral administration manager
Ahmed SidHead of actuarial & risk management
Sabrina HamegHead of strategy, development & communication unit
Nawel LadraaHead of internal audit and compliance unit

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