SCOR shakes off a soft-market hangover—its new strategy targets alternative solutions
Improvements to rates and terms and conditions have been wholeheartedly embraced by SCOR, which has taken the opportunity to reshape its portfolio. But Stuart McMurdo (pictured), chief executive officer of Reinsurance at SCOR, stresses that improvements are still needed as SCOR, along with the wider industry, still looks to shake off the effects of an elongated soft market.
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24 October 2023 Rates, capacity and terms and conditions will be the main talking points at Baden-Baden—but climate change is also an issue, while companies crave a return to solid profitability.