CCR Re has successfully sponsored the 2025 vintage of its 157 Re sidecar, emphasising its commitment to maintaining long-term partnerships with third-party investors.
In line with its strategy of diversifying its sources of third-party capital, CCR Re has made various improvements to the operation of 157 Re to facilitate future renewals.
This compartment benefits from the renewed confidence of 157 Re’s long-standing partner: Boussard & Gavaudan Investment Management LLP (BGIM), as well as the expertise of Gallagher Securities (acting as structuring and placement agent), France Titrisation (acting as management company), BNP Paribas Securities (acting as custodian bank) and the legal advice of Linklaters.
“This seventh issue, and the improvements made to 157 Re, testify to a shared ambition with our investors to build this platform for the long term,” said CCR Re chief retrocession, alternative capital officer and board secretary Mathieu Halm.
CCR Re is an international reinsurer of a personable size with presence in 94 countries worldwide and operating in the traditional sectors of property damage and civil liability and life & health as well as certain specialised areas (credit, marine, aviation, spatial, agriculture).
In 2023, CCR RE achieved a gross turnover of EUR1.186m with a net income of EUR 56m. Since July 2023, CCR Re has been majority-owned by SMABTP and MACSF.