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The carrier will also continue with plans to expand in Asia. -
The preliminary result was achieved despite EUR600mn losses from Bernd damages, as well as EUR1.2bn losses from Hurricane Ida.
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The carrier’s catastrophe losses rose to $501mn from $397mn in Q3 last year
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The Scor chairman takes over from Swiss Re CEO Christian Mumenthaler, who steps down after two and a half years in the role.
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The climate-transition pathway solution helps insurers identify clients with robust climate-transition plans.
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The Hannover Re subsidiary said the event would incur insured losses in Germany alone of “well in excess” of EUR8bn.
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Kate Roy has served as COO for Great Britain and Willis Ltd since 2015 and been involved on the PPL board since the platform’s inception.
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The reinsurer said it was adding "a new generation of expertise" to its energy team.
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Analysis of financial data shows that the last decade has seen a marked increase in the proportion of premiums ceded by carriers in all sectors.
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The lower-than-expected losses so far from Ida do not stack up against what is thought to be a $30bn+ cat event.
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Plus the winners of the Insider Honours and all the top news from the week.
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The inability to strike a deal sends both buyer and seller back to square one.
