NicoElNino/Shutterstock.com_2045498015

16 July 2024Reinsurance

SCOR adds mass of L&H reserves, scuttles FY profit targets

Global reinsurance group SCOR ran an additional round of reserving against its life and health book following worrying trends visible in Q1, driving the segment to a Q2 underwriting loss around €0.4 billion, then warned that more bad news could yet be in store.

Already registered?

Login to your account

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk

More on this story

Greenlight Re names former Argenta underwriter to lead Lloyd’s syndicate

22 October 2026 Syndicate 3456 targets growth as it becomes a full Lloyd’s syndicate in January.

Frequent perils drive $92bn cat bill despite mega event lull: Gallagher Re

22 October 2026 Six quarters without mega events, yet severe storms, inflation and subsidence bite.

Bermuda can capitalise on next structural shift in reinsurance: AI

22 October 2026 With reinsurance capital at record levels, a technology-driven shift in how insurers deploy their expertise could prove decisive.

More articles

Munich Re outperforms analyst profit expectations again

Commercial property rivalry curbs Kinsale premium again in Q3

Arbol to cover risk of governments blocking data centre construction

Frontier AI puts conventional cyber underwriting signals under scrutiny

Willis deploys global defence initiative with military spending set to reach $6.6trn

Moody’s sets up casualty group as liability risks outpace data

Axa XL appoints risk consulting manager for Northern Europe

Kinsale names new CFO as incumbent prepares to retire

Copyright © intelligentinsurer.com 2024 | Headless Content Management with Blaze