Scor
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The reinsurer is also suing Covea entities, the mutual’s CEO and Rothschild in France.
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The Austrian carrier reserves the right to insure coal risks in exceptional cases in countries where the economy and employment depend on the sector.
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Catastrophes weigh in on the carrier’s fourth-quarter results, inflating the combined ratio more than expected.
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At the midpoint of disclosures, this publication summarises the key trends identified by industry leaders so far.
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The Scor chief also tells Les Echos that the Credit Suisse CEO personally intervened to abandon the bank’s advisory mandate for Covea.
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David Reed is set to take on the advisory leadership role.
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The carrier predicts double-digit rate increases in both Japan and the US later this year.
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Current active underwriter Tom Corfield continues as CUO of Scor UK.
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The fund manager’s CEO suggests Kessler is acting in his own interests and against those of shareholders.
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People say there is no smoke without fire, but we journalists know that it is a lot more complicated than that.
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The French mutual’s board said it would “take all action in order to defend its interests”.
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Court documentation reveals deliberations at Scor about a hypothetical fusion with PartnerRe.
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