Scor
-
The company is now targeting $250mn for its latest cat bond, which is being issued in the UK.
-
John Jenkins will take on the role previously held by Jean-Paul Conoscente, who now heads the reinsurer’s global P&C business.
-
The four-year transaction will provide the carrier with protection against US named storms and earthquakes as well as European windstorms.
-
The insurer’s P&C combined ratio deteriorates to 94.6 percent. -
Rates rose by almost 15 percent for cat programmes in the Japanese market, according to the French reinsurer.
-
People moves in the industry in the past month.
-
The reinsurer’s ILS team has reshuffled responsibilities as Vincent Prabis moves on from the fund manager.
-
Reinsurers anticipate a “correction” in property cat prices at Japanese and Florida renewals.
-
The reinsurer has confirmed a series of management changes ahead of global P&C CEO Victor Peignet retiring next month.
-
The insurer also announced the appointment of Jean-Paul Conoscente as global P&C boss as Victor Peignet retires.
-
The loss tally for catastrophe bonds impacted by the 2017 disaster events has now climbed to $1.1bn, according to January pricing sheets.
-
The carrier predicts P&C rates will increase in the double digits in both Japan and the US later this year.
