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S&P downgrades Scor FSR to A+ on ‘persistent underperformance’
In response, Scor said it is taking all possible steps to improve its profitability.
Jairo Ibarra
,
17 November 2022
SiriusPoint-Mosaic deal called off
The transaction would have involved a partnership with Mosaic and a managing agent sale.
Fiona Robertson
,
17 November 2022
Industry forecast to return to growth in 2023, inflation a key concern: Swiss Re
Real non-life premiums are forecast to grow by 1.8% in 2023 and 2.8% in 2024.
Farhin Lilywala
,
17 November 2022
Former Pro Global CEO Niemczewski takes advisory role at Eigen
Artur Niemczewski has held leadership roles at WTW, Marsh, Asta and DXC.
Marcel Le Gouais
,
17 November 2022
Ark sidecar exceeds targets with $300mn capital commitment
Outrigger Re will write a quota share of Ark’s Bermuda property treaty book.
Adam McNestrie
,
17 November 2022
WTW launches pilot for digital trading platform with LSM, Markel
The platform will automate a range of processes across risk submission, risk appetite evaluation, underwriting and pricing for quotation, using a lead algorithm.
Marcel Le Gouais
,
17 November 2022
Treasury settles on Solvency II reforms to spur investment, aid start-ups
The reforms include changes to balance-sheet requirements – to help insurers invest billions more in growth assets – and plans to aid new entrants.
Marcel Le Gouais
,
17 November 2022
MS Amlin launches three-year sustainability plan
The Lloyd’s carrier said the strategy will support profitable growth, attract staff and help meet regulatory requirements.
Rachel Dalton
,
17 November 2022
CDB Aviation latest to launch Ukraine aviation lawsuit against 18 insurers
A steady stream of legal actions are being filed against insurers over billions of dollars’ worth of stranded aircraft.
Samuel Casey
,
17 November 2022
IRB Brasil Re makes Falcão CEO as Carvalho resigns
The executive will also act as CUO on an interim basis.
Rachel Dalton
,
17 November 2022
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