SCOR Global P&C News

Lloyd’s Market Urged to Use Oasis Open-Source Cat Models for Wider Risk View

Lloyd’s managing agents should take full advantage of Oasis, the open source catastrophe modeling platform, in order to get wider views on catastrophe risks, urged Tom Bolt, Lloyd’s director of performance management. “Catastrophe models are valuable tools, but each model …

SCOR Increases P&C GWP Levels by 4.7% During April Renewals; Profits on Target 

SCOR Global P&C increased gross written premiums by 4.7 percent at the recent April renewals, based on constant exchange rates, with total premiums rising from €420 million ($474.7 million) to €440 million ($497.3 million). Premiums renewing on or around April …

SCOR Global P&C Posts 5.8% Premium Increase for April Renewals

French reinsurer SCOR reported that the April renewals saw SCOR Global P&C’s gross written premiums increased by 5.8 percent from €374 million [$411 million] to €396 million [$436 million], at constant exchange rates as of December 31, 2014. SCOR also …

SCOR Global P&C Appoints Gavazzi, Rousseau in Treaty Underwriting Area

SCOR announced it has made two underwriting appointments at its SCOR Global P&C unit. First, it appointed Umberto Gavazzi as chief underwriting officer for the Worldwide Treaty P&C operations of SCOR Global P&C, reporting to Victor Peignet, CEO of SCOR …

SCOR’s GWP up 8% in 2013; 5% for January 1 Renewals

France’s SCOR Group confirmed that the reinsurer “booked 8 percent gross written premium growth (at constant exchange rates) for the full year 2013, to €4.85 billion [$6.58 billion]. SCOR Global P&C also posted a 5 percent increase in gross premiums …