Insurance

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Caisse Centrale de Réassurance

Caisse Centrale de Réassurance manages $11B as France's state-owned reinsurer covering natural disaster and aviation risks.

Caisse Centrale de Réassurance logo

Caisse Centrale de Réassurance

Caisse Centrale de Réassurance was established in 1946 and remains fully owned by the French Republic. Jacques Le Pape serves as Chairman and Edouard Vieillefond as CEO. The firm originated as the central reinsurance vehicle for French natural disaster and terrorism pools. CCR writes reinsurance across personal, life, transport and aviation lines. It holds a diversified Paris real estate portfolio of 24 buildings totaling roughly 100,000 square meters and a minority interest in Arundo Re. Capital is also allocated through a multi-management mandate with Amundi Private Markets covering private equity and private debt, plus the Climate Change Resilience Fund focused on natural disaster prevention. Geographic reach includes France as primary market plus Canada and Lebanon. The firm employs no disclosed headcount figure. It maintains a headquarters at 157 Boulevard Haussmann and additional offices abroad. Adjacent vehicles include the Prix CCR Cat Nat doctoral award program established in 2015. In June 2025 CCR hosted the 16th Journée CCR in Paris on insurability and natural disaster prevention. Ownership by the French State creates a structural mandate to support national Cat Nat and terrorism pools. This public ownership distinguishes CCR from commercial reinsurers and shapes its participation in international forums such as IFTRIP and the World Forum of Catastrophe Programs.

Website
ccr.fr

General information

Firm type

Insurance

Year founded

1946

AUM

11000 (Altss estimate)

Location

Region

Europe

Country

France

City

Paris

Corporate office

157 Boulevard Haussmann, 75008 Paris, France

Additional offices

Canada · Lebanon

Principals

Jacques Le Pape

Chairman of the Board of Directors

Edouard Vieillefond

Chief Executive Officer

Sector focus

ReinsuranceReal EstateClimateTech

Frequently asked questions

Who runs investment decisions at Caisse Centrale de Réassurance?

Edouard Vieillefond serves as CEO. Jacques Le Pape chairs the board. Investment mandates are executed through external advisors including Amundi.

How is Caisse Centrale de Réassurance related to the French government?

The French Republic holds 100% ownership. This structure supports the firm's role in national Cat Nat and terrorism reinsurance pools.

Does Caisse Centrale de Réassurance participate in fund commitments or only direct deals?

CCR runs a multi-management mandate with Amundi covering private equity and private debt. It also holds direct real estate assets and a minority stake in Arundo Re.

What asset classes does Caisse Centrale de Réassurance deploy into?

Reinsurance, Paris commercial and residential real estate, private equity, private debt and climate adaptation investments.

Where does Caisse Centrale de Réassurance maintain offices outside France?

Additional offices operate in Canada and Lebanon.

What recent governance change affected Arundo Re?

In 2023 SMABTP became majority shareholder of Arundo Re following privatization, with CCR retaining a 25% interest.

Does Caisse Centrale de Réassurance maintain philanthropic structures?

The firm runs the Prix CCR Cat Nat award program established in 2015 for doctoral research on natural disasters.

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