SCOR Reports 4.3% Increase in Reinsurance Prices During April Renewals April 19, 2021 French reinsurer SCOR said it benefited strongly from continued improvements in pricing and terms and conditions, during the April 1,...
Insurer Tokio Marine Expects No Material Impact on 2021 Results from Greensill Collapse March 23, 2021 TOKYO – Japanese insurer Tokio Marine Holdings Inc said on Tuesday it currently expects no material impact on its results...
Greensill Capital Creditors, Led by Softbank, Submit More Than $1.4 Billion in Claims March 19, 2021 By Paulina Duran SYDNEY – Thirty-four creditors of Greensill Capital Pty, the Australian parent of the collapsed British supply chain financier, submitted over...
Tokio Marine Faces Larger-Than-Expected Exposure to Greensill Capital Meltdown March 19, 2021 By Patrick Winters and Taiga Uranaka Tokio Marine Holdings Inc. is facing a larger-than-expected exposure to the Greensill Capital meltdown after finding that reinsurance contracts intended...
As Insurers Exit Coal Underwriting, They May Find It’s Good for Stock Valuations February 2, 2021 By Tim Quinson As far as climate groups like the Sunrise Project are concerned, getting insurers out of the coal underwriting business is...
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,...
Why It’s a Good Time for Insurtechs to Be Thinking About Mergers October 30, 2020 By Mark Hollmer The drumbeat for insurtechs to pursue a merger, acquisition or partnership is getting louder, with the number likely to substantially...
The New Digital Normal and the Future of Work in Reinsurance October 6, 2020 By L.S. Howard It’s been said that necessity is the mother of invention. That proverb was illustrated perfectly during the insurance industry’s successful...
SCOR Global P&C Restructures with Aim to Be More Responsive on Regional Basis October 5, 2020 SCOR Global P&C is making a number of changes to its organizational structure to be more responsive on a regional...