CCR hails rebalancing of book
French state-backed catastrophe reinsurer CCR has unveiled 2007 results that saw it hit its target of reducing open market business to a third of its book.
The reinsurer wrote gross premium income of to € 1,157m in 2007, 2.7% down on 2006’s €1,189m. Open market premium income has shrunk from € 542m in 2004 to € 392m in 2007.
Reinsurance with state
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