Scor
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The Paris-based carrier has a history of using innovative capital tools to manage risks to the company’s balance sheet.
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The four European carriers have significantly outpaced Bermudian reinsurers in GWP growth so far this year.
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About $190mn of reserves are associated with the transaction.
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The reinsurer’s shares rise sharply on above-forecast results, though Citigroup and RBC suggest its underlying performance was poor.
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The business unit's underwriting performance deteriorated slightly, while investment income surged.
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The Scor Global P&C deputy CEO said the firm would deploy more capital into specialty insurance.
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There are questions on whether the four European reinsurers will continue to expand their top line as conditions improve
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The transaction would address the 2017 and prior years of account.
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The French investor resumes its campaign after failing to overturn resolutions at a June shareholder meeting.
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The French reinsurer is providing paper to support bundled homeowners and auto policies underwritten by the InsurTech.
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Just months into the job, Scor’s new head of reinsurance sits down with The Insurance Insider to share his assessment of rates and where they’re headed
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The reinsurer is considering creating a separate balance sheet that could write risks on behalf of third-party investors, akin to the Vermeer Re vehicle managed by RenaissanceRe.
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