SCOR increases contingent capital facility; describes as cost effective alternative to ILS

15-12-2016

SCOR has increased the size of a contingent capital facility it uses to protect its solvency in cases of extreme natural catastrophe or life events impacting mortality – though it has not revealed the size of the losses that would trigger the use of the facility. 


SCOR, ILS, Contingent capital, Expansion, Natural catastrophe, Denis Kessler, Europe

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