Scor
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The firm has added three new retro partners during 2024.
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The firm recorded a 13.3% nat cat impact to the P&C combined ratio.
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Nat cat pricing is expected to be more or less flat, with rises on loss-affected programmes.
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The denial followed this publication’s report that Covéa had renewed its intentions to buy the reinsurer.
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The mutual’s approach comes as Scor continues efforts to fight back from performance issues including a flare-up in L&H.
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Losses from mid-sized nat cats added 9.9 points to the P&C combined ratio.
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The negative L&H result was driven by reserve updates.
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The negative L&H result was driven by reserve updates.
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The 2024 winners were celebrated at The HAC in London on 27 June.
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The former Goldman Sachs VP has a background in ILS structuring.
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The firm’s P&C and life and health retro buying is being centralised.
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The bond provides named US storm coverage and US and Canada quake protection.