Legal
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Court documentation reveals deliberations at Scor about a hypothetical fusion with PartnerRe. -
The carrier will make use of its existing Irish branch structure.
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Scor CEO said reinsurer has filed a 584-page citation on Covea boss with Paris courts.
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Shares in the Denis Kessler-led reinsurer close down more than 11 percent after news of its one-time suitor's withdrawal.
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The CEO says the Corporation would consider the creation of a platform for young and experimental syndicates.
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The utility has requested permission to continue to pay insurance premiums totalling around $439mn a year.
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The probe mirrors the investigation started by the UK’s FCA in 2017 which was taken over by the European Commission that same year.
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Hayley Spink told a Fitch conference that EEA regulators had signalled flexibility on claims payments as Lloyd’s mammoth Part VII transfer progresses.
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Society of Claims Professionals aims to boost public trust
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The accounting body says the changes should make it easier for insurers to explain the impact of the standard to investors.
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Harrison is a joint venture with UK insurance group Harrison Horncastle.
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Lloyd’s management has joined the long list of absentees from the annual Alpine talking shop at Davos.
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