Scor
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Inflation, heightened cat activity and years of poor reinsurance returns are fuelling demands for wholesale change in the European market. -
David Guest’s appointment comes shortly after Christianna Vandoorne, head of terrorism and PV, left the syndicate.
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Christianna Vandoorne has been head of terrorism and PV at the syndicate since June 2020.
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Further rating action is likely if underlying performance does not improve in the short to medium term.
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The scheme aims to fill the gap left when private sector carriers exited the market following the Grenfell disaster.
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This publication’s review of H1 disclosures shows how listed (re)insurers’ nat cat losses have tallied with aggregate projections.
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Insurance Insider selects 10 exclusive news stories reported by our team on the frontline at Monte Carlo Rendez-Vous.
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In their messages at the Rendez-vous de Septembre, Munich Re, Hannover Re, Swiss Re and Scor signalled a ripe environment to hike prices and adjust terms.
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Chris Beazley stepped down from his CEO position at MS Amlin’s reinsurance arm at the end of August.
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Generali France chairman Claude Tendil has served for 13 years.
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The CEO likened reinsurance market conditions to those seen in large commercial primary lines post-HIM.
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The carrier said the move will accelerate deal-making in its early-stage investment arm.
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