SCOR banishes US casualty to its US underwriters, sees growth elsewhere
Global reinsurance group SCOR remains “very cautious” on US casualty lines and will restrict its underwriting of US casualty risks to its local North American units while directing the bulk of its underwriting talent to developing other liability markets, CEO Thierry Léger has declared.
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24 October 2018 SCOR enjoyed a return to profit in both the third quarter of this year and the first nine months of 2018 while growth was also solid in all parts of the business.
5 September 2018 SCOR Global P&C will be organised around three business units plus transverse functions, which will all cooperate for clients’ benefit, according to a corporate presentation.