Archive

Scor shares drop 25% after warning on L&H profits

Reserving assumptions to hit profitability of life and health business

Scor has no appetite for higher frequency risks, despite demand

CEO Thierry Léger acknowledges gap between market demand and supply

Fewer big nat cats and portfolio actions benefit Lloyd's syndicate loss ratios

Syndicates did, however, warn of uncertainty around modelling future natural catastrophe trends

Insurers' property risk exposure grows 12% in 2023, Perils finds

Ongoing inflation cited as a key driver of increasing exposure sums

Lloyd's syndicates expect premium rate rises to taper this year

Rate increases were experienced across the breadth of underwriting lines in 2023

Scor appoints Chantal Bond to head of global reserving centre

Scor CEO explains "very cautious" stance on US casualty

Thierry Léger said the firm had reduced capital allocation to the line

Scor to lead offshore renewable energy consortium

Scor works with Howden to launch carbon capture insurance facility

The offering will cover environmental damage and loss of revenue stemming from CO2 leakage

India shows an almost clean bill of solvency health

IRDAI last week published its annual report