CCR Re’s 157 Re sidecar returns with 40%+ higher capital in ‘extremely tight’ market

19-01-2023

CCR Re’s 157 Re sidecar returns with 40%+ higher capital in ‘extremely tight’ market

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French government-backed reinsurer CCR Re has renewed its landmark reinsurance sidecar 157 Re 23 — for the fifth consecutive year — with over 40% higher capital than seen in 2022. The renewal comes in what it describes as an “extremely tight retrocession market” that has seen the withdrawal of many key players.


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