Scor
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The executive has also been made Syndicate 2015 active underwriter. -
The political violence market is in a competitive stage thanks to an influx of capacity.
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Julia Willberg joins from Hannover Re, where she has held several senior roles.
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Adrian Poxon also had oversight of engineering, aviation and space at Scor.
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The carrier said its P&C and L&H reserves have been confirmed by independent reviewers.
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Nat cat pricing is expected to be more or less flat, with rises on loss-affected programmes.
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The carrier has also completed a review of its L&H unit.
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The denial followed this publication’s report that Covéa had renewed its intentions to buy the reinsurer.
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This publication reported earlier that French mutual Covéa has engaged Scor in M&A talks.
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The mutual’s approach comes as Scor continues efforts to fight back from performance issues including a flare-up in L&H.
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CEO Thierry Léger claims the “insurability” of global risk is becoming “challenged”.
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Scor is also limiting its exposure in political risk and cyber.
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