Scor buries the hatchet with Covéa as Kessler prepares to stand down as CEO
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Scor buries the hatchet with Covéa as Kessler prepares to stand down as CEO

Laura Board
10 June 2021
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Scor Covea logos paris.jpg

Scor has ended a three-year battle with Covéa with a settlement which pulls all legal actions and claims between the companies, and provides for its one-time suitor’s “orderly exit” from the reinsurer’s shareholder register. 

The agreement, which comes as Scor Global P&C deputy CEO Laurent Rousseau prepares to take the reins as group CEO, also includes a $1bn quota-share retrocession deal covering Scor life business.

The

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Topics

News Reinsurers Scor Legal Operations/tech
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Laura Board
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