Scor
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Risk partnerships will now report direct to the board through the CFO. -
The firm reallocated from short-tail lines amid social inflation concerns.
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The company proposed a dividend of EUR1.8 per share for 2023.
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The carrier also set out detail on its alternative solutions offering.
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New business across geographies drives top-line growth of 191%.
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Scor is aiming to double fee income over the next three years.
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The French carrier's operating result was EUR257mn, an increase of more than 130% on the prior-year period.
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Lloyd’s CFO Burkhard Keese, speaking at Guy Carpenter’s Baden-Baden Symposium, said there are $500mn-$1bn of London Bridge deals in the pipeline.
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From seeing ILS as a fleeting competitor to a complement to traditional reinsurance, Denis Kessler’s descriptions of the alternative market were always colourful.
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The long-serving executive turned around the fortunes of the French reinsurer in a two-decade stint as leader.
