AM Best Downgrades SCOR’s Ratings March 10, 2023 AM Best announced Thursday that it has downgraded the financial strength rating to A (excellent) from A+ (superior) and the...
Moody’s Downgrades SCOR’s Rating to A1 From Aa3 on Weakening Profits February 7, 2023 Moody’s Investors Service downgraded the Insurance Financial Strength Rating (IFSR) of SCOR SE and its key operating entities to A1...
Swiss Re’s CUO Léger Appointed CEO of SCOR, as Rousseau Steps Down January 26, 2023 The SCOR Board of Directors has appointed Swiss Re’s Chief Underwriting Officer Thierry Léger as chief executive officer of SCOR....
Persistent ‘Underperformance’ at SCOR Prompts S&P Downgrade to ‘A+’ November 21, 2022 S&P Global Ratings announced that the rating agency is lowering the “AA-” financial strength and long-term issuer credit ratings for...
People Moves: Marsh Names Adamantiadis CEO, Continental Europe; SCOR Taps Chubb’s Bartolo for EIL; Chubb Global Mkts Promotes Driscoll in Financial Lines November 15, 2022 This edition of International People Moves details appointments at Marsh, SCOR, and Chubb Global Markets, A summary of these new...
Reinsurer SCOR Reports H1 Loss of €239M Blamed on Ukraine War, Natural Disasters July 28, 2022 By L.S. Howard Reinsurer SCOR reported a first half loss attributed to the war in Ukraine, natural catastrophes and the severe drought in...
People Moves: McMurdo to Succeed Blanc as SCOR’s CEO of Reinsurance; HDI Global Promotes Hullin to Lead Industrial Lines Division After Wohlthat Retires June 14, 2022 This edition of International People Moves details appointments at SCOR and HDI Global. A summary of these new hires follows...
World’s Biggest Re/Insurers Expanding in Africa, but Climate Change Could Hit Profits June 10, 2022 By Emma Rumney The world’s biggest insurers are expanding in Africa, looking to tap growth promised by a rising population and middle class,...
Natural Disasters, Ukraine War Weigh on Q1 Results of Europe’s Major Reinsurers May 16, 2022 By L.S. Howard Three out of four of the major European reinsurers reported their profits were negatively affected as a result of elevated...
SCOR Warns of Ukraine Conflict Impact on Q1 2022 Results April 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...