Barclays Dragged into Bitter Feud Between SCOR and Covéa over Failed Hostile Takeover May 24, 2021 By Ellen Milligan Barclays Plc has been dragged into a bitter feud between two French insurers over its role in a failed hostile...
Africa Specialty Risks Launches Mauritius Reinsurer, Backed by PE Firm Helios May 21, 2021 Africa Specialty Risks (ASR), a reinsurance managing general agent focused on the African corporate and specialty market, announced it has...
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...
UFG Insurance to Diversify Risk Profile by Expanding into Reinsurance Across U.S. March 23, 2021 By L.S. Howard UFG Insurance is looking to diversify across the U.S. by expanding into assumed reinsurance business – partly via quota share...
TransRe CEO Sapnar to Step Down, Succeeded by Brandt March 16, 2021 TransRe President and CEO Mike Sapnar is leaving the company to pursue another opportunity. He’ll stay on the job through...
Specialty Re/insurer SiriusPoint Launches with More Than $3 Billion in Capital February 26, 2021 SiriusPoint Ltd., the Bermuda-based international specialty insurance and reinsurance company, has launched today with more than $3 billion in initial...
Third Point Re Announces Appointments to SiriusPoint Leadership Team February 22, 2021 Third Point Reinsurance Ltd. has announced additional executive and senior underwriting roles at SiriusPoint Ltd., the new company created as...
Swiss Re Reports Larger-Than-Expected Annual Loss of US$878 Million February 19, 2021 Swiss Re swung to a larger-than-expected annual loss on Friday, pressured by $3.9 billion in claims and reserves related to...
Ribadeau-Dumas to Succeed Kessler as CEO of SCOR December 16, 2020 The SCOR board of directors has unanimously chosen Benoît Ribadeau-Dumas as the next chief executive officer of SCOR, succeeding Denis...
SCOR CEO Expects Double-Digit Reinsurance Rate Hikes in January Renewals November 25, 2020 Reinsurance rates are likely to rise in the double-digit percentage point range at key contract renewals in January, Denis Kessler,...