Scor
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The negative L&H result was driven by reserve updates. -
Riots erupted in the Pacific Island territory last month over electoral reforms.
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Léger will work as chair and Neal as vice-chair of the reinsurance advisory board.
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Combined ratios improved all around thanks to better pricing and a benign cat quarter.
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The CEO said Scor is still on track to hit a full-year 87% combined ratio.
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The executive will also serve as a member of Scor’s executive committee.
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Hard-won profitability has given carriers room to salt away reserves.
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Five regional leaders have been appointed for P&C and life and health.
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The firm reallocated from short-tail lines amid social inflation concerns.
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The company proposed a dividend of EUR1.8 per share for 2023.
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Dejung spent 13 years at Scor, most recently as cyber CUO.
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