2021 ended with a strong turnover growth, good results and a strong solvency position.
- Stong growth in turnover, up 30% to 843M€, or up to 21% net of FX impacts and prior year adjustments.
- Net income more than doubled from €18m to €41m. It was enhanced by the strong improvement in technical profitability resulting from CCR Re's underwriting discipline and portfolio profile: the combined ratio in non-life reinsurance was 96.6%.
- The solvency ratio remained strong at 192%, in line with the [180% - 220%] risk appetite framework.