Scor
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I think the smart money coming into this year was on Covéa to grind down Scor and buy the company.
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Scor CEO said reinsurer has filed a 584-page citation on Covea boss with Paris courts.
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Simeon Seamer joins from Scor Business Solutions to lead the division.
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Expectations of rate rises and outsized catastrophe losses resulted in a subdued annual performance for the composite index.
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If you are reading this from the UK or Europe, it is likely that your political attention the last few weeks has homed-in on certain rumblings in that peculiar part of central London where reality recently seems to have become a relative concept.
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The Hong Kong insurance regulator marshals the sector to respond to the Chinese government’s infrastructure investment programme.
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The exit comes ahead of Lloyd’s closure of Special Purpose Arrangement 6129.
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Paul Lucas reports to Argo group chief actuary Bob Katzman.
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Solvency capital requirements are increased by as much as 20 percent for some syndicates’ plans.
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Market sources described a frenetic dynamic between underwriting leaders and followers in the verticalised market.
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The move will cost the carrier almost $114mn in gross written premiums.
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The company will take on new and renewed EEA business that can no longer be written by Scor UK.
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