Scor
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The reinsurer has announced a detailed plan to diversify its P&C reinsurance book as part of a new strategic plan. -
This is the first multi-year plan led by the new CEO.
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Downstream underwriters have been pushing for rate this year following high claims activity in 2022.
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Swiss, Munich, Hannover and Scor all delivered optimistic messages on pricing for next year.
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The new CEO said the carrier must remain focused on pricing for geopolitical uncertainty.
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The carrier also reported 9% rate increases at the summer renewals.
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The underwriter has worked at Swiss Re, Ironshore and Alize during his insurance career.
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After three years as a company director, Brégier received a unanimous recommendation from the nomination committee.
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The executive has worked for the French carrier for almost four decades in various roles in Toronto, Paris and Milan.
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The underwriter joined Scor in 2020 having previously led the cargo and specie operation at Starstone.
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The long-serving executive turned around the fortunes of the French reinsurer in a two-decade stint as leader.
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Varenne was previously interim CEO and group COO of Scor.
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