Scor
Reinsurance sector braced for huge losses in Japan
The global reinsurance industry is positioned to absorb the impact of the Japanese earthquake — even if the insured losses reach $35bn (£21.7bn).
Scor places €75m catastrophe bond
Global reinsurer Scor has placed a catastrophe bond worth €75m (£62.9m) to protect against European windstorms and Japanese earthquakes.
Norwegian P&I Club gets Lloyd's green light for new syndicate
R&Q Managing Agency has announced that it has received approval from Lloyd’s to form a new syndicate on behalf of Assuranceforeningen Skuld, the Oslo headquartered P&I Club.
Scor heralds "strong technical result" in third quarter 2010
Scor has recorded net income of Euro 111m, up 18.2% compared to the third quarter 2009 (Euro 94m).
Domicile: does it really matter for (re)insurance buyers?
Reinsurance buyers increasingly view reinsurers as global entities able to move capital easily between business units rather than as geographically discrete counterparties, insisted Chris Klein, director of reinsurance market management at Guy Carpenter.
Top 100 UK insurers - 2009
AM Best's top 100 insurer rankings in full, according to Financial Services Authority returns for 2009.
Brand analysis: A robust year for insurance brands
Despite the ongoing disruption in the financial services sector, the brand value of insurers has seen a healthy increase. James Park reports on the results and looks at the opportunities for the coming year.
News analysis: H1 reinsurer results slump
Bermudan reinsurers recorded huge drops in profits following heavy claims from the catastrophes experienced in the first half of the year, though elsewhere some reinsurers fared better, writes Katherine Blackler.
Scor reports 19% growth
Property and casualty and specialty treaty renewals at end of June have resulted in premium growth of 19% at constant exchange rates, while fully respecting the technical underwriting profitability criteria.
AM Best upgrades Scor rating
AM Best Europe has upgraded the financial strength rating to A (Excellent) from A- (Excellent) and the issuer credit ratings to 'a' from 'a-' of Scor and its subsidiaries.
Scor presents its strategic plan for 2010-2013
Scor’s board of directors has approved, acting on the proposal of the management team, its new strategic plan covering the period 2010-2013,“Strong Momentum."
Scor presents its strategic plan for 2010-2013
Scor’s board of directors has approved, acting on the proposal of the management team, its new strategic plan covering the period 2010-2013,“Strong Momentum."
Rendevous - Talking heads 2010
Reinsurance talks to some of the industry heads ahead of the Monte-Carlo Rendevous.
Scor reports Q2 surge in net income but first half results down
Scor records a net half-year income of EUR 156m, compared to EUR 184m in 2009. Net income of EUR 120m in Q2 compared to EUR 91m in the second quarter 2009.
Scor reports Q2 surge in net income but first half results down
Scor records a net half-year income of EUR 156m, compared to EUR 184m in 2009. Net income of EUR 120m in Q2 compared to EUR 91m in the second quarter 2009.
Scor reports 19% growth at treaty renewals
P&C and specialty treaty renewals at end of June have resulted in premium growth of 19% at constant exchange rates, whilst fully respecting the technical underwriting profitability criteria.
Top-25 reinsurance groups: In re we trust
As the world emerges from recession, reinsurance is in good shape: results improved in 2009 and market players have announced healthy combined ratios
Credit Suisse tips RGA or Munich Re for Aegon unit buy
Munich Re and RGA have been named as potential buyers of Dutch insurer Aegon's Transamerica Reinsurance unit, Credit Suisse analysts said on Wednesday.
Analysts positive on Scor results
Analysts watching Scor’s first quarter results are pleased that the group’s bond exposure does not extend to some of the European Union’s more troubled countries.
Scor Q1 net income falls 61%
High natural catastrophe losses are behind Scor’s reported €36m losses in the first quarter of 2010, according to the company.
Scor granted licence to expand China operations
Scor obtains a composite reinsurance license in China, enabling it to add life and health reinsurance services to existing non-life activities
Scor makes senior appointments
Philippe Trainar and Frieder Knüpling join Scor's executive committee; Michel Dacorogna is appointed deputy chief risk officer and Norbert Pyhel heads up the Cologne Hub
Scor opens life branch in Israel
Scor Global Life has decided to establish a representative office in Tel Aviv for the Israeli life and health reinsurance market, which is estimated to represent around EUR 3.4bn in 2010, due to long-standing business relations in the Israeli Life…
Scor outlines expected losses from first quarter quakes and windstorm
Based on preliminary estimates, The French reinsurer expects its related costs to the Chilean earthquake to amount to approximately EUR95m net pre-tax.