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Sweeney was most recently VP at Vantage Risk, as part of a team responsible for the US financial lines business. -
The magnitude of the hurricane may impact reinsurers’ capacity deployment.
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Third-party litigation funding has been linked to rising casualty insurance prices.
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Reinsurers will likely push for double-digit US premium rate increases.
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A roundup of the breaking news, C-suite interviews and exclusive insights.
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The company is currently “underweight” in that line of business, he added.
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CEO Thierry Léger claims the “insurability” of global risk is becoming “challenged”.
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The reinsurer constructed a “social inflation index” for a new study.
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Scor is also limiting its exposure in political risk and cyber.
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The transaction complements its previous acquisition of RMS in 2021.
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The property market remains “one of the most favourable... I've seen in my career", he said.
