Compagnie Centrale de Réassurance: capital increase

Published on December 2, 2025
(CCR ALGER) Compagnie Centrale de Réassurance (CCR) has increased its share capital from 30 billion DZD (228.4 million USD) to 40 billion DZD (304.5 million USD).This 10 billion DZD (76.1 million USD) increase will enable the reinsurer to strengthen its financial base and boost the development of its activities on the domestic and international mar
Continue reading on website
Other news

AXA XL goes live with PPL to strengthen links to London Market

December 2, 2025
AXA XL, the property and casualty division of AXA Group, has successfully connected its internal computer systems directly to the London Market’s main trading platform, Placing Platform Limited (PPL), opening a new data exchange gateway.This connection is powered by ACORD Solutions Group’s cutting-edge ADEPT (ACORD Data Exchange Platform & Translator) technology.“AXA XL is leading in digital trans

Who’s insuring Russia’s shadow fleet?

December 2, 2025
Since Western P&I clubs and reinsurers largely withdrew from underwriting sanctioned oil shipments, an informal and opaque re/insurance ecosystem has emerged to keep Russia’s shadow fleet trading.What was once dominated by London and the International Group of P&I clubs is now sustained by a narrow set of domestic and offshore actors, state-backed reinsurance, and a tangle of ownership, flag, and