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Insurance
Low nat cat losses drive SCOR profits in Q2
Re/insurer SCOR had a profitable second quarter in 2017, which it attributes to a low amount of natural catastrophe losses.   27 July 2017
Insurance
SCOR appoints new chief executive officer of ReMark
Re/insurer SCOR has appointed Na Jia to replace Stephen Collins as CEO of its subsidiary ReMark International, which specialises in bancassurance and life and health insurance. Jia will also head global distribution solutions at SCOR Global Life.   21 July 2017
Insurance
SCOR agrees on cat excess of loss deal with Iran
SCOR has reached an agreement concerning a cat excess of loss deal with the Iranian insurance regulator Bimeh Markazi Iran, the organisation said in a Sept. 29 press release.   2 October 2017
Insurance
SCOR acquires MutRé to boost life/health offering
French reinsurer SCOR has signed an agreement with the Fédération nationale de la Mutualité Française and Matmut to acquire 100 percent of the shares of MutRé.   17 July 2017
Insurance
Cat events hit largest reinsurers: Moody’s report
Natural catastrophes and volatile markets weigh heavily on the H1 results of Munich Re, Swiss Re, Hannover Re, SCOR, according to a report on the four largest European reinsurers published by Moody’s Investors Service on August 25.   10 September 2022
Insurance
Geopolitics headlines the marquee at Monte Carlo
Geopolitical tension in SRCC billed side by side with nat cat, complete with aggregation risks.   19 September 2023
Insurance
SCOR creates ‘scoring grid’ to make better judgements on environmental factors
To encourage what it calls sustainable underwriting, French reinsurer SCOR has created a so-called scoring grid to help insurance and facultative underwriters assess environmental, social, and governance (ESG) practices in sensitive sectors and lines of business.   6 September 2017
Insurance
Hurricane losses and rising interest rates to boost profits: SCOR
The combination of a more active hurricane season in North America turning pricing in the market and the ceasing of quantitative easing in the US and Europe could trigger an end to the declining profitability of property/casualty reinsurance business, according to Denis Kessler, the chief executive of SCOR.   11 September 2017
News
Munich Re, Hannover Re go for lower margin risk than SCOR
Munich Re and Hannover Re have embraced low margin, low volatility growth with a low Solvency II capital cost in 2018, while peers such as SCOR steer clear due to the high S&P rating capital cost, according to Jefferies analysts.   27 September 2018
Insurance
AM Best upgrades ratings for SCOR on operating strength
Ratings agency AM Best said on September 1 that it has upgraded the Financial Strength Ratings (FSR) to A+ (Superior) from A (Excellent) of SCOR and its main operating subsidiaries citing its operating strength as a driver for the move.   1 September 2017

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