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The ruling is the latest in a series of ongoing legal wranglings over Covid-19 BI losses.
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The numbers will be refined further to arrive at an industry loss estimate.
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Third-party litigation funding has been linked to rising casualty insurance prices.
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Tallahassee avoided a major hit – but flood and storm-surge losses remain unknown.
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The firm will specialise in professional liability insurance for SMEs.
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Reinsurers will likely push for double-digit US premium rate increases.
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Polo Managing Agency is to act as turnkey to the new venture.
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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.