CCR Re sells to consortium of mutuals for EUR947mn
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CCR Re sells to consortium of mutuals for EUR947mn

CCR Re Paris.png

CCR Group has sold its reinsurance arm CCR Re to a consortium of French mutual insurers for EUR947mn ($1.06bn).

The public sector insurance group announced in February that it had entered exclusivity with SMABTP and MACSF over a potential takeover.

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