Scor
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The carrier said InsurTech investment was driven by specialty and commercial solutions during the year.
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Yves Cormier brings more than 15 years' experience in the insurance sector across capital markets transactions, M&A, investor analytics and balance-sheet management to the role.
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The executive replaces Kade Spears in the role.
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The likes of Swiss Re and Scor are supporting the sector-specific methodology linked to broader decarbonisation efforts.
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The reinsurer said joining the alliance further strengthened its commitment to the preservation of biodiversity.
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Swiss Re, Munich Re, Hannover Re and Scor have set out divergent strategies on cat as volatility increases and the retro market seizes up.
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Scor is to shift its portfolio to increase the proportion of P&C to 60% and reduce life and health (L&H) to 40%, according to CEO Laurent Rousseau.
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Plus the latest impact of cat activity on reinsurer results and all the top news from the week.
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The carrier has also exited US MGAs exposed to North Atlantic cat risk.
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The carrier launched a share buyback and announced portfolio rebalancing actions.
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People movement is picking up in the sector, which is experiencing broadly stable rating thanks to ample capacity.
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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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