CCR Re: H1 2023 results
CCR Re has recorded a 19% increase in its turnover to 907 million EUR (987.8 million USD) for the first half of 2023.
The non-life combined ratio of 94.6% has improved by 3 points over one year, despite the impact of the earthquake in Turkey, the floods in Italy and the violent storms in France.
The life profit margin was slightly down at 2.2% compared with the same period of 2022.
Another major development was Standard & Poor's and AM Best's confirmation of CCR Re's "A" rating with stable outlook, following its autonomization announced during the first half of 2023.
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Thu, 07/09/2023 - 16:45
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