Scor
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Hannover Re’s CEO is lowest paid among peers, despite their pay growing 77% since 2015. -
P&C combined ratios were higher than Q1 2024, and wildfires impacted Hannover Re most.
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Plus, the latest people moves and all the top news of the week.
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The CEO expects overall P&C pricing to be “stable” through 2025.
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The carrier booked LA wildfire losses of EUR148mn.
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The carrier announced a major writedown in its L&H book last year.
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London-based US excess casualty writers are increasingly looking to attach lower in the tower.
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The reinsurer said the probe concerns the alleged involvement of its former chairman.
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Chapman exited from Scor following a 13-year tenure with the carrier.
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Plus, the latest people moves and all the top news of the week.
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Sources warned some property XoL books are already running 50% loss ratios.
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Some of the Big Four are slowing growth as the market softens.
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