CCR Re: 1 January 2024 renewals

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CCR ReFor the 1 January 2024 renewals, CCR Re was able to take advantage of the tougher reinsurance rates, the adaptation of reinsurance coverage and the increase in direct insurance premium rates.

Renewed premiums amounted to 840 million EUR (903.5 million USD) as at 1 January, up by 11% at constant exchange rates compared with the same period in 2023.

55% of this turnover growth is attributable to the expansion of existing relationships, and 45% to the underwriting of new contracts and the acquisition of new customers.

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Wed, 07/02/2024 - 14:28
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