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After loss ratios surge, the ratings agency's report warns that US cyber prospects are "grim". -
The carrier aims to “revolutionise’ writing of marine war and breach call risk.
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Axis promotes internally for new position to head up commercial partnerships.
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In a statement on Thursday, Scor said it “acknowledges and welcomes” the findings from the French authority, calling the original allegations “a groundless move”.
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The lawyer replaces Edward Davis, who is retiring after 27 years at the business.
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Jef Van In replaces Delphine Maisonneuve, who has taken a role outside of Axa.
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The Italian carrier’s general manager returns to Axa after five years.
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The incoming chair has worked for the EU and government ministers.
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The government removes a previous cap of 49% in its budget.
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All major entities will implement the scheme by the end of 2021.
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Typical cat loss events trigger XoL reinsurance recoveries. It is not certain that this will.
