AM Best puts CCR Re’s FSR under review as sell-down negotiations begin
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AM Best puts CCR Re’s FSR under review as sell-down negotiations begin

Abbie Day
20 February 2023
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AM Best has placed CCR Re’s A financial strength and long-term credit ratings under review with developing implications, shortly after CCR Group entered exclusivity with French mutuals for the sell-down of its stake in CCR Re.

Earlier this month, Insurance Insider reported that CCR Group entered exclusive negotiations with Societe Mutuelle d’Assurance du Batiment et des Travaux Publics and MACSF to sell a majority stake in CCR RE.

The

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News M&A Reinsurers
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