Compagnie Centrale de Réassurance Structure and Ownership

Compagnie Centrale de Réassurance is a French reinsurer that has a unique structure and ownership setup. It was established in 1976 as a subsidiary of the Compagnie Centrale d'Assurance.

The company is owned by the French state, with the Ministry of Economy and Finance holding a majority stake. This ownership structure allows the government to maintain a level of control over the reinsurer's operations and strategy.

Compagnie Centrale de Réassurance operates independently, with its own management team and decision-making processes. This allows the company to focus on its core business and make decisions quickly in response to changing market conditions.

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The Compagnie Centrale de Réassurance (CCR) has a straightforward company structure. The CCR is owned by the Algerian government, specifically the Ministry of Finance, which is the sole shareholder. This means that the government has complete control over the company's operations and decisions.

The Ministry of Finance's ownership of the CCR suggests a high level of government involvement in the company's activities.

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The ownership structure of a company is a crucial aspect of its overall organization. The Algerian Ministry of Finance is the sole shareholder of the CCR.

When it comes to understanding a company's structure, knowing its size is a good starting point. Compagnie centrale de reassurance has 51 - 200 employees.

A company of this size typically has a more streamlined organization chart. This can make it easier to communicate and make decisions.

Having a smaller workforce can also lead to a more agile and responsive organization.

Compagnie Centrale de Réassurance has a rich history of leadership and management. The company has had several CEOs since its inception, with Lamine Titah serving as the first from 1974 to 1982.

Djamel Eddine Chouiter held the position of CEO for an impressive 20 years, from 1987 to 2007. His tenure saw the company's steady growth and development.

The current CEO, Hadj Mohamed Seba, has been leading the company since 2007 and continues to shape its future. He also serves as the Chairman of the Board of Directors, a position he has held since 2007.

The board chair and general management of an organization are crucial roles that require strong leadership and vision. Lamine Titah held the position of CEO from 1974 to 1982.

A CEO's tenure can significantly impact the organization's direction and success. Aoumeur Hadj Said served as CEO from 1983 to 1984.

The length of a CEO's tenure can also be a factor in their impact. Farouk Lazri was CEO from 1984 to 1987, a relatively short period.

Djamel Eddine Chouiter, on the other hand, held the position for nearly two decades, from 1987 to 2007. This long tenure can bring stability and continuity to an organization.

Hadj Mohamed Seba has been leading the organization since 2007, and his leadership has been marked by a consistent vision and direction.

Here is a list of CEOs and their tenures:

The 2021 Board of Directors was a team of experienced leaders, with Hadj Mohamed Seba serving as the Chairman of the Board. He played a crucial role in guiding the team.

The Board consisted of six members, each bringing their unique skills and expertise to the table. Ilhem Gherieb, Mohamed Belkacem, Khaled Mouzaia, Djamel Abdelli, Kamel Marami, and Hadj Mohamed Seba worked together to make informed decisions.

Here's a list of the Board members:

Each member of the Board played a vital role in shaping the direction of the organization.

Compagnie Centrale de Réassurance, or CCR, is a major player in the reinsurance industry. CCR underwrites both national and international facultative reinsurance treaties and risks.

The company's activity includes life and non-life classes of business. This diverse approach allows CCR to cater to a wide range of clients and risks.

In 2020, CCR's turnover reached a significant 33 624 million DZD, which is equivalent to 242 462 000 USD. This substantial revenue is a testament to the company's strength and stability.

National acceptances represent a substantial 82% of CCR's 2020 turnover. This indicates that the company's domestic business is a major contributor to its overall success.

International business, on the other hand, accounts for a relatively small 18% of CCR's turnover. This international business is mainly composed of treaties in the non-life classes of business.

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Compagnie Centrale de Réassurance (CCR) is involved in various participations and pools. The company has a significant stake in Africa Re, holding a 3.05% share of the company's capital, which amounts to $285.14 million.

CCR also has a substantial participation in Med Re, owning 50% of the company's capital, valued at $28.51 million. Additionally, the company has a 10% stake in Compagnie algérienne d'assurance et de garantie des exportations (CAGEX), with a share capital of $22.8 million.

The CCR has a 5.98% participation in Compagnie d'assurance des hydrocarbures (CASH Assurances), with a share capital of $76 million. The company also has a 37.20% stake in Expertise Algérie (EXAL), with a share capital of $3.8 million.

The CCR, or Caisse de Compensation et de Réassurance, has a significant presence in the insurance and reinsurance industry through its participations in various companies. Africa Re has a share capital of 285,140,500 USD, with the CCR holding a 3.05% participation.

The CCR's participation in Arab Re is 4.10% of the company's share capital, which is 75,000,000 USD. Med Re has a share capital of 28,512,120 USD, with the CCR holding a significant 50.00% participation.

The CCR also has participations in other companies, including the Compagnie algérienne d'assurance et de garantie des exportations (CAGEX), with a share capital of 22,800,000 USD and a 10.00% participation. Another notable participation is in the Compagnie d'assurance des hydrocarbures (CASH Assurances), with a 5.98% share of the company's 76,000,000 USD share capital.

Here is a list of the CCR's participations in insurance and reinsurance companies, along with their corresponding share capital and participation percentages:

The CCR's participation in Expertise Algérie (EXAL) is 37.20% of the company's 3,800,000 USD share capital, and its participation in the Insitut des hautes études financières (IAHEF) is 7.20% of the company's 1,140,000 USD share capital.

The CCR manages three pools of insurance: the decennial liability pool, the Algerian catastrophe insurance pool, and the pool of special risks.

The decennial liability pool was created in 2009 with an initial capital of 2 billion DZD, equivalent to $27.96 million. Its management is entrusted to the Compagnie Centrale de Réassurance.

The Algerian catastrophe insurance pool covers seismic, flooding, landslide, and storm risks. A reinsurance treaty in shared proportion determines the retention rate of risks, with 30% for insurers and 70% for the CCR.

A stop-loss treaty protects the ceding insurers in case of high claim frequency. The pool of special risks was established in 2018 and offers protection against political risks, civil unrest, and acts of terrorism, among others.

The CCR is responsible for managing this pool.

Compagnie Centrale de Réassurance has a strong financial foundation, with a capital of €12 million. This significant capital base provides a solid foundation for the company's operations.

The company's financial stability is further enhanced by its reinsurance treaties, which allow it to share risks with other reinsurers. This collaborative approach enables Compagnie Centrale de Réassurance to manage its risks more effectively.

Compagnie Centrale de Réassurance operates efficiently, with a focus on providing high-quality services to its clients.

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The Compagnie centrale de réassurance has a significant capital social, which has been increasing over the years. It started with a capital social of 40 million DZD (10,128 million USD) in 1987.

This capital social has grown to 30,000 million DZD (219 million USD) by 2022, a substantial increase. The company has undergone several capital increases between 1987 and 2022.

Here's a breakdown of the capital social evolution:

This growth in capital social has allowed the company to expand its operations and increase its financial stability.

Revenue is a key metric that indicates a company's earnings from its operations. Compagnie centrale de reassurance's revenue is 11m - 100m.

Revenue can be a strong indicator of a company's financial health, and it's often used to measure a company's performance over time. A significant increase in revenue can be a sign of a company's growth and success.

Companies with high revenue often have a strong market presence and are able to invest in new projects and initiatives. Compagnie centrale de reassurance's revenue range suggests a substantial financial foundation.

Revenue is typically calculated by subtracting the cost of goods sold from the total sales of a company. This metric can help investors and analysts understand a company's profitability and potential for future growth.

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