--- title: Standard & Poor’s upgrades CCR Re Rating from A- to A description: Standard & Poor's upgrades CCR Re's rating from A‾ to A with a stable outlook. image: https://blog.arundore.com/hubfs/IMAGE%20A%20Standard%20%26%20Poor%E2%80%99s%20upgrades%20CCR%20RE%20Rating%20from%20A-%20to%20A-2.jpg --- [![Arundo_Logo_RVB-1](https://blog.arundore.com/hs-fs/hubfs/Arundo_Logo_RVB-1.png?width=115&height=76&name=Arundo_Logo_RVB-1.png)](https://www.ccr-re.com/en/home) - [News](https://blog.arundore.com/en) - [Reinsurance Tutorials](https://info.arundore.com/reinsurance-tutorials) - [Women of Power](https://info.arundore.com/women-of-power) - [MTPL Losses France Study](https://info.arundore.com/assessing-the-losses-of-severe-personal-injury-victims-in-motor-liability-cases) - [Arundo Re Talks](https://www.arundore.com/en/arundo-re-talks) - [français-FRANCE](https://blog.arundore.com/fr/standard-poors-relève-à-a-la-note-de-ccr-re) [Home](https://blog.arundore.com/) [The reinsurance and insurance blog of Arundo Re](https://blog.arundore.com/en) Standard & Poor’s upgrades CCR Re Rating from A- to A 4 May 2020 1 min read # Standard & Poor’s upgrades CCR Re Rating from A- to A ## Standard & Poor's upgrades CCR Re's rating from A- to A with a stable outlook. This decision is based on the robustness of CCR Re's development, [**profitability and financial strength**](https://www.ccr-re.com/en/financial-information), in line with the business plan, until today.     ![Bertrand_Labilloy_VIGNETTE](https://blog.arundore.com/hs-fs/hubfs/Vignettes%20rondes/Vigettes%20ronde%20gouvernance/Bertrand_Labilloy_VIGNETTE.png?width=150&name=Bertrand_Labilloy_VIGNETTE.png)[**Bertrand Labilloy**](https://www.ccr-re.com/en/w/discover-us/gouvernance/bertrand-labilloy/), Chairman and CEO of CCR Re, stated: "The upgrade of CCR Re's rating by S&P in the current context of VIDOC 19 confirms the relevance of our development strategy based on underwriting discipline, risk diversification and operational efficiency. It rewards the work accomplished by our teams and reinforces our ambitions".     This rating rewards an eventful year for CCR Re! First and foremost : the market reinsurance business lines carried by CCR Re recorded a 21% growth in their activity, accelerating for the third consecutive year, to reach 562 million euros in premiums. 562 million in premiums, with new business growth of 23% in 2019, enabling business diversification to continue to diversify in accordance with a healthy distribution of risks in 79 countries. 2019 is also the year in which our Board of Directors validated the new Streamline development plan (2020-2022), ahead of schedule. 2019 is also the year of financial innovation with the launch, ahead of time, of [**the first side-car under French law**](https://blog.arundore.com/en/ccr-re-has-set-up-the-first-reinsurance-sidecar-domiciled-in-france), 157Re-19, whose approval has been renewed by the ACPR and with loyal investors who honour us with their trust in 2020 as well. Technical innovation with the introduction of text mining, e-processing and AI technologies in our processes. 2019, is finally the satisfaction of our customers with a 93% rate that encourages us to develop our services.   ## [Download the press release](https://blog.arundore.com/hubfs/Press%20release%20-%20Standard%20%26%20Poor%E2%80%99s%20upgrades%20CCR%20RE%20Rating%20from%20A-%20to%20A.pdf) ##### *What does the S&P rating correspond to?* ***Standard & Poor's (S&P, a subsidiary of S&P Global)** is a US rating agency that publishes financial analyses on stocks and bonds.* *Their long-term ratings are defined as follows:*   | **AAA** | First quality | | --- | --- | | AA+ | High quality | | AA | | | AA- | | | A+ | Top average quality | | A | | | A- | | | BBB+ | Lower average quality | | BBB | | | BBB- | | | BB+ | Speculative | | BB | | | BB- | | | B+ | Highly speculative | | B | | | B- | | | CCC+ | High risk | | CCC | Highly speculative | | CCC- | In default, with some hope of recovery | | CC | | | C/CI/R | | | SD | In selective default | | D | In default | | NR | Not noted | In 2018, CCR Re had an [**S&P A- rating with a positive outlook.**](https://www.ccr-re.com/documents/20123/36008/CCR+RE+-+Rating+S%26P+%28A-+positive+outlook%29.pdf/17c2e3bb-441c-ff14-1ad9-e72638938f35?t=1566552761158)   ## [See our financial information](https://www.ccr-re.com/en/financial-information)   ## [Download the S&P 2019 document](https://blog.arundore.com/hubfs/SPGlobalRatings_CCR_CCR%20Re_May_04_2020.pdf)   ---   ![Mail](https://blog.arundore.com/hs-fs/hubfs/Mail.png?width=71&name=Mail.png) ## **Receive financial information from CCR Re**   [mailto:?subject=Standard%20&%20Poor’s%20upgrades%20CCR%20Re%20Rating%20from%20A-%20to%20A&BODY=I%20found%20this%20article%20interesting%20and%20thought%20of%20sharing%20it%20with%20you.%20Check%20it%20out:%20https://blog.arundore.com/en/standard-poors-upgrades-ccr-re-rating-to-a](mailto:?subject=Standard%20&%20Poor’s%20upgrades%20CCR%20Re%20Rating%20from%20A-%20to%20A&BODY=I%20found%20this%20article%20interesting%20and%20thought%20of%20sharing%20it%20with%20you.%20Check%20it%20out:%20https://blog.arundore.com/en/standard-poors-upgrades-ccr-re-rating-to-a) ## Latest articles #### 10 June 2025 ### [Raphaël Marin joins Arundo Re as Non-Life Underwriter and Actuary for the Latin America market](https://blog.arundore.com/en/raphael-marin-joins-arundo-re-as-non-life-underwriter-and-actuary-for-the-latin-america-market) Graduated from the ISFA and certified by the French Institute of Actuaries, Raphaël Marin has over thirteen years' experience in the reinsurance and… ### [+](https://blog.arundore.com/en/raphael-marin-joins-arundo-re-as-non-life-underwriter-and-actuary-for-the-latin-america-market) #### 12 May 2025 ### [Guillaume Bergot joins Arundo Re as Non-Life Underwriter for the French, Belgian and Luxembourg Markets](https://blog.arundore.com/en/guillaume-bergot-joins-arundo-re-as-french-market-non-life-underwriter) With over a decade of experience in the reinsurance industry, Guillaume Bergot has worked successively for Guy Carpenter and Gallagher Re. ### [+](https://blog.arundore.com/en/guillaume-bergot-joins-arundo-re-as-french-market-non-life-underwriter) #### 14 April 2025 ### [Kshitij Chirimar joins Arundo Re as Senior Underwriter for the Indian sub-continent](https://blog.arundore.com/en/ludovic-boulanger-joins-ccr-re-as-life-underwriter-0) Arundo Re is pleased to welcome Kshitij Chirimar as Senior Underwriter, marking a significant step in expanding our presence across the Indian… ### [+](https://blog.arundore.com/en/ludovic-boulanger-joins-ccr-re-as-life-underwriter-0) #### 3 April 2025 ### [📄 Press Release : Annual results 2024](https://blog.arundore.com/en/-press-release-annual-results-2024) 2024, another year of profitable growth for Arundo Re ### [+](https://blog.arundore.com/en/-press-release-annual-results-2024) [View all articles](https://blog.arundore.com/en) **Arundo Re** 6 RUE FAVART 75002 PARIS - 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