CCR Re could look to mutual consortium deal if French state pulls trigger on sell-down
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CCR Re could look to mutual consortium deal if French state pulls trigger on sell-down

CCR Re Paris.png

CCR Re’s likeliest path to a deal that would see the French government sell down its stake is for a consortium of French mutual insurers to buy a majority stake, according to banking and industry sources.

In May, Insurance Insider telegraphed that the French catastrophe scheme CCR Group had appointed investment banks Credit Suisse and Messier to explore options to open up the shareholding of the group’s commercial reinsurer CCR Re.

According

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