Scor
-
Denis Kessler will cease to be CEO from the end of June this year for personal reasons, a year earlier than planned.
-
Scor Investment Partners has announced that the assimilation of Coriolis Capital into its wider ILS business has now been completed, following an acquisition of the London firm in September 2019.
-
The carrier racks up losses from Uri and Filomena as well as deterioration on Laura and Sally.
-
The French carrier grew its top line by 14.3% at the April renewals.
-
Reinsurers still have concerns over rate adequacy as views of typhoon risk evolve.
-
The reinsurance chief sees no role for the ILS market, as pandemics are "badly defined", with no clear end point.
-
The reinsurer lifts the division's Covid-19 loss assessment by EUR28mn in the fourth quarter within a set of results that beat expectations.
-
The carrier predicts Covid’s reinsurance impact will drive market hardening.
-
The CEO said the French reinsurer will avoid court cases where possible in pandemic coverage disputes.
-
The $20bn fund has 2% of its assets allocated to ILS, equal to about $400mn.
-
The additional raise takes the carrier’s committed capital to $3.2bn.
-
The ex-Scor staffer will work to expand HSCM’s InsurTech business and serve as managing director.