French nat cat carrier posts big technical loss from rising weather events

CRR says loss justifies rising surcharge

Adrian LadburyMarch 15, 2024
Hauts-de-France flooding
Flooding in Hauts-de-France. Credit: Shutterstock/M G White

French state-backed catastrophe carrier CCR recorded a significant technical loss of €112m for 2023 due to heavy natural disasters in France. The loss was partially offset by the value realised during the sale of CCR Re.

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Adrian LadburyMarch 15, 2024
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