02-03-2023
Thierry Léger, SCOR
Denis Kessler, chairman of SCOR, bemoaned “very disappointing” annual results as the global reinsurance giant plunged to a net loss despite turning a profit in the fourth quarter, blaming the impact of nat cats, Ukraine war and an overall highly challenging operating environment. The company’s hopes for a turnaround now lies with its new chief executive officer Thierry Léger, who will join SCOR on May 1, as well as “favourable” conditions in the hardening market.
SCOR, 2022 results, Net loss, Thierry Léger, Reinsurance, Nat Cat, P&C hardening, Renewals, Denis Kessler, Strategy, Global, Europe
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