Latest SCOR SE Headlines
All the headlines from our SCOR SE Topic Page, ordered by recency.
Persistent ‘Underperformance’ at SCOR Prompts S&P Downgrade to ‘A+’
Nov 21 2022 // S&P Global Ratings announced that the rating agency is lowering the “AA-” financial strength and long-term issuer credit ratings for global reinsurer SCOR SE and its operating subsidiaries, highlighting...
People Moves: Marsh Names Adamantiadis CEO, Continental Europe; SCOR Taps Chubb’s Bartolo for EIL; Chubb Global Mkts Promotes Driscoll in Financial Lines
Nov 15 2022 // This edition of International People Moves details appointments at Marsh, SCOR, and Chubb Global Markets, A summary of these new hires follows here. Marsh Names Adamantiadis as CEO, Continental Europe Marsh, the insurance...
People Moves: SCOR Taps AXA XL’s Guest as Head of Crisis Mgmt; Former Beazley Exec Beattie Joins CFC as Head of Innovation; Allianz Trade Appoints New CEO
Oct 21 2022 // This edition of International People Moves details appointments at SCOR UK, CFC Underwriting, and Allianz Trade. A summary of these new hires follows here. SCOR Taps AXA XL’s Guest as Head of Crisis Management SCOR...
People Moves: AXA XL Taps SCOR’s Croese for Energy & Construction Team, APAC & Europe; Berkshire Hathaway Specialty Insurance Promotes O’Neill and Reddin in Ireland
Sep 27 2022 // This edition of International People Moves details appointments at AXA XL Insurance and Berkshire Hathaway Specialty Insurance (BHSI). A summary of these new hires follows here. AXA XL Taps SCOR’s Croese for Energy...
People Moves: MS Amlin’s Beazley Named CEO of SCOR UK, SCOR Syndicate; Aon Reinsurance Solutions Hires Goodman as UK President
Sep 14 2022 // This edition of International People Moves details appointments at SCOR and Aon Reinsurance Solutions. A summary of these new hires follows here. Former MS Amlin Exec Beazley Appointed CEO of SCOR UK, SCOR Syndicate SCOR...
Reinsurer SCOR Reports H1 Loss of €239M Blamed on Ukraine War, Natural Disasters
Jul 28 2022 // Reinsurer SCOR reported a first half loss attributed to the war in Ukraine, natural catastrophes and the severe drought in Brazil. The H1 loss of €239 million (US$242.6 million), compares with net income of €380...
People Moves: McMurdo to Succeed Blanc as SCOR’s CEO of Reinsurance; HDI Global Promotes Hullin to Lead Industrial Lines Division After Wohlthat Retires
Jun 14 2022 // This edition of International People Moves details appointments at SCOR and HDI Global. A summary of these new hires follows here. McMurdo to Succeed Blanc as SCOR’s CEO of Reinsurance SCOR announced that its CEO of...
SCOR Warns of Ukraine Conflict Impact on Q1 2022 Results
Apr 18 2022 // Paris-based reinsurer SCOR said the company expects a first-quarter 2022 charge in the high double-digit million euros range for potential claims related to the Russia-Ukraine conflict across both treaty reinsurance and...
People Moves: AXIS Specialty Europe Names Mullarkey as CEO; SCOR Syndicate Appoints Arch’s Biggas as Active Underwriter
Apr 1 2022 // This edition of International People Moves details appointments at AXIS Specialty Europe and SCOR Syndicate. A summary of these new hires follows here. AXIS Specialty Europe Names Mullarkey as CEO AXIS Capital Holdings...
SCOR Reports 19% Premium Growth in January Renewals, Average Price Hikes of 4.9%
Feb 8 2022 // SCOR reported 19.0% premium growth during the January property/casualty (P/C) reinsurance renewals and an overall average P/C price increase of 4.9%. SCOR said the 19% premium growth figure includes a large structured...
People Moves: SiriusPoint Promotes Chester for U.S./Canada Reinsurance; Banyan Risk Names Ascot’s Horrobin as Co-Founder, Co-CEO; SCOR Reinforces Sustainability Teams
Jan 10 2022 // This edition of International People Moves details appointments at re/insurer SiriusPoint, specialty MGA Banyan Risk and reinsurer SCOR. A summary of these new hires follows here. SiriusPoint Ltd., the Bermuda-based global...
People Moves: Definity’s Board Appoints Former Swiss Re Exec Schmid; SCOR Promotes Mumme-Young for Political & Credit Risk; Cathay Pacific’s Howell to Marsh Aviation
Dec 22 2021 // This edition of International People Moves details appointments at Definity Financial Corp., SCOR and Marsh. A summary of these new hires follows here. Definity Appoints Former Swiss Re Exec Schmid to Board of...
Reinsurer SCOR Restructures Group Leadership Team
Sep 3 2021 // SCOR announced changes to its group executive committee, which aim to facilitate the reinsurer’s next phase of strategic development. SCOR said all the changes were made with internal promotions. The following group...
People Moves: Chubb’s Thanduparakkal to Hiscox, SCOR’s Prabis to Hiscox ILS; Tokio Marine HCC Int’l Hires 3 for Professional Risks
Jul 8 2021 // These International People Moves detail appointments at Hiscox and Hiscox ILS as well as three appointments at Tokio Marine HCC International’s Professional Risks team. A summary of these new hires follows...
SCOR and Covéa Lay Down Legal Swords in Return to ‘Mutually Beneficial Relationship’
Jun 11 2021 // French mutual insurer Covéa and reinsurer SCOR finally laid down their legal swords this week – opting instead for “peaceful relations” by signing a binding settlement agreement. The agreement, which...
SCOR Canada Reinsurance Appoints Gay as President and CEO, Succeeding Christoff
Jun 3 2021 // SCOR announced that Olivier Gay has been appointed chief executive officer for SCOR Canada Reinsurance Co., succeeding Paul Christoff, effective June 11, 2021. Gay will continue to serve as chief underwriting officer for...
French Regulator Dismisses Covéa Market Abuse Charges Filed Against SCOR’s Kessler
May 28 2021 // France’s financial markets regulator dismissed market abuse charges, which had been filed against SCOR’s Chairman and CEO Denis Kessler by the reinsurer’s largest shareholder, Covéa. The investigation...
Barclays Dragged into Bitter Feud Between SCOR and Covéa over Failed Hostile Takeover
May 24 2021 // Barclays Plc has been dragged into a bitter feud between two French insurers over its role in a failed hostile takeover bid. SCOR SE is suing Barclays in London for breach of confidence when the bank advised Covéa on its...
Rousseau to Replace Kessler as CEO of SCOR, in Change to Succession Plan
May 18 2021 // Denis Kessler, SCOR’s chairman and chief executive officer, has decided to step down, for personal reasons, from his role as CEO at the end of his current term of office, which will expire at the reinsurer’s...
SCOR Reports 4.3% Increase in Reinsurance Prices During April Renewals
Apr 19 2021 // French reinsurer SCOR said it benefited strongly from continued improvements in pricing and terms and conditions, during the April 1, 2021 reinsurance renewals – a continuation of trends already seen during the January...
