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CCR, 2017 results

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Magazine Issue: 
Training, up against digital shock [3]
Magazine date: 
Jul 2018

The Compagnie Centrale de Réassurance (CCR) reported a net result of 2.9 billion DZD (25.31 million USD) in 2017, slightly down in comparison with the 3 billion DZD (27.25 million USD) posted in 2016.

The turnover amounts to 29.47 billion DZD (257.21 million USD), up by 8.3% in comparison with the previous year. Local business accounted for 87.2% of underwritings versus 12.8% for international business.

The Algerian reinsurer’s combined ratio amounted to 83.48% in 2017. It was 81% in 2016.

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Fri, 20/07/2018 - 08:39

Source URL: https://www.atlas-mag.net/en/article/ccr-2017-results

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