Arundo Re: premium growth in 1 January 2025 renewals

The French reinsurance company Arundo Re, formerly known as CCR Re, is pressing ahead with its growth strategy.

The volume of premiums renewed on 1 January 2025 reached 970 million EUR (1 billion USD), marking a 13% growth at constant exchange rates compared with the same period in 2024.

Arundo Re's non-life reinsurance business recorded a 15% increase in turnover to 632 million EUR (657 million USD) as at 1 January 2025. This improvement stems mainly from Asia, where new business grew by 33%, and from the MENA region, where major adjustments were made following the floods in Dubai.

Life and health (L&H) premiums were up 12%, driven by an enhanced service offering, particularly in medical pricing and selection.

The Specialty Lines segment reported an 18% rise in renewed premiums to 92 million EUR (96 million USD).