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SCOR to invest €250m in new strategic plan focused on tech, new business and up to 7% GWP growth
Insurance
Global reinsurer SCOR has committed €250 million investment to its new three-year strategic plan that includes goals to enhance shareholder value, make greater use of new technologies, and generate 4-7 percent growth per year.   4 September 2019
Autonomous cars could prompt 60% drop in insurance premium revenue: Kennedys report
Insurance
Motor premium revenue could fall as much as 60 percent if drivers switched to autonomous cars, which are designed to cut the number of accidents.   4 September 2019
Hyperion launches new analytics business under JLT's David Flandro
Insurance
Hyperion Insurance Group has launched new analytics business, encompassing all actuarial, catastrophe modelling, and thought leadership functions, with the appointment JLT's David Flandro.   4 September 2019
Insurance
Lockton Re, the reinsurance broking arm of Lockton Group, has appointed Simon Mills and Fraser Howard to build its new international healthcare practice as part of the company's expansion plans in the reinsurance sector.   4 September 2019
Insurance
Specialty lines insurer HDI Global Specialty SE has expanded its UK executive team with the hires of Clare Constable as director of claims and Will Morris as director of underwriting for delegated authority.   4 September 2019
Insurance
AXA XL, the property & casualty and specialty risk division of AXA, has named Austin Su as US underwriting lead of its structured risk solutions (SRS) business.   4 September 2019
Insurance
Reinsurance broking and risk/capital management firm TigerRisk has hired MS Amlin's James Few as chief executive officer (CEO) of its London office, responsible for leading expansion in the in UK, EMEA and Asia.   4 September 2019
Insurance
Re/insurer MS Amlin's head of reinsurance business, James Few, has stepped down with immediate effect to join TigerRisk Partners as CEO of its London office.   4 September 2019
Insurance
Lloyd’s of London is strongly capitalised and its brand name helps it attract new business, said ratings agency Moody’s.   4 September 2019
Insurance
Broker Marsh has made senior leadership appointments within its property and financial and professional liability (FINPRO) practices in the US and Canada.   4 September 2019

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