News
Insurance
Denis Kessler, the chief executive of SCOR, has dismissed accusations that the board’s snub of Covéa’s €8.2 billion offer to buy the reinsurer amounted to “gross management negligence” in a strongly worded letter in which he also accuses the shareholder that made the allegation of defamation. 25 September 2018
Insurance
Developments in artificial intelligence (AI) and data collection stand to completely alter the asymmetry of information between insurers and insureds, representing a game changer for the re/insurance sector, SCOR CEO Denis Kessler suggested in an article. 22 March 2018
Insurance
SCOR declined opportunities to grow in proportional reinsurance at the January renewals because it perceived rates as inadequate. This is in contrast with some of its competitors including Munich Re, which have signed some large proportional deals. 8 February 2018
Insurance
Zurich & SCOR said to overpay vs peers; Zurich & Allianz vs 3Y shareholder return. 18 July 2022
Insurance
The new leaders will help support the company's strategy of diversifying its insurance and reinsurance portfolio. 30 September 2020
Insurance
Legal & General has entered the longevity insurance market for smaller schemes by completing a £300 million longevity insurance contract with an unnamed mid-tier pension scheme. 24 August 2018
News
French reinsurer SCOR wants to grow its property/casualty portfolio in the US, particularly casualty business. But, stung by the mistakes of the past, it is proceeding with caution, Victor Peignet, CEO of SCOR Global P&C, told Intelligent Insurer. 19 February 2018
News
Hurricanes Harvey and Irma are expected to represent an earnings event rather than a capital event for SCOR in the third quarter of 2017, the reinsurer has said. 26 September 2017
Reinsurance
SCOR said on Oct. 9 that Hurricanes Harvey, Irma and Maria, as well as the Mexico earthquakes, will cost the company €430 million net of retrocession and tax for the third quarter of 2017. 9 October 2017
Insurance
French reinsurer SCOR said on Oct. 26 that it posted a net loss of €267 million in the third quarter of 2017 due to the impact of natural catastrophes. 26 October 2017
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