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Insurance
SCOR’s acquisition of Generali US last year combined its rapidly growing status as a truly global and highly rated reinsurer – at a time when many big cedants are rationalising their reinsurance panels – helped the reinsurer post a record profit in 2013 while also enjoying substantial growth. 6 March 2014
Awards
Large reinsurance buyers are increasingly replacing mid-tier reinsurers on their panels with collateralised coverage or larger ILS deals while also retaining more risk – but they are also forming closer and deeper relationships with their bigger reinsurance partners. 28 February 2014
News
French reinsurer SCOR has said it witnessed and benefitted from further changes to the reinsurance market in the recent January renewals with more cedants restructuring their programmes in favour of bigger players able to offer global solutions across many lines of business. 5 February 2014
Insurance
Denis Kessler has been elected to join the Insurance Hall of Fame by the members of the International Insurance Society (IIS). 30 January 2014
Insurance
Some of the industry’s most influential companies including Lloyd’s of London, Allianz, Aon Benfield and Guy Carpenter have joined forces on a project that could revolutionise the way risk models are used by the industry. 29 January 2014
News
French reinsurer, SCOR, has launched a new fully collateralised sidecar, Atlas X Reinsurance, which will provide the group with an additional three-year capacity of $55.5 million from a new panel of investors. 6 January 2014
Alternative Risk Transfer
French reinsurer SCOR has established a three-year contingent capital facility in the form of a guaranteed equity line with UBS providing it with €200 million coverage in case of extreme natural catastrophe or life events. 3 January 2014
Insurance
Lloyd’s has appointed Inga Beale as chief executive, effective January 2014. 16 December 2013
article
In June, Swiss reinsurance broker Reunion AG held its third roundtable discussion in Montreux, Switzerland, discussing the coverage of engineering and construction risks in Russia. What follows is a snapshot of a part of the discussion focused on claims handling and communication. 30 October 2013
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