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Company Example A

Overview
Content
Data

Company type

Insurance-Linked Securities (ILS) and Investment Managers

Miscellaneous

Founded
1896

Major offices

Zurich, CH (headquarters)
Nassau, BS

Officers

Smedley MacGuffin (CEO)

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  • French reinsurer Scor said it experienced 19 percent premium growth at the 1 July renewal of its non-life treaty business, while defying pricing pressures with a modest increase in average rates.
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  • Nearly two years after Hurricane Ike made landfall on the US coast, state insurer of last resort the Texas Windstorm Insurance Association (TWIA) has agreed to pay a $189mnn settlement to Galveston residents whose homes were completely destroyed in the storm.
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  • Platinum Underwriters has laid down a marker to its Bermudian peers and reaffirmed its commitment to cycle management by shrinking its premium base and growing its share repurchase programme in response to unappealing market conditions