Scor

The carrier increased reserves for P&C Covid-19 losses by EUR109mn in the quarter after UK and France court decisions.

He worked for eight years at the French firm, where he oversaw the strategic direction of its ILS business.

The reinsurer’s analysis of 20 research groups’ predictions points to a busier season than usual.

The settlement ends hostilities that began with Covea’s unsolicited EUR8.3bn takeover bid for the French reinsurer in August 2018.

She will be the team leader for pricing and modelling global lines-related cat business with a special focus on agricultural reinsurance.

Denis Kessler will cease to be CEO from the end of June this year for personal reasons, a year earlier than planned.

Scor Investment Partners has announced that the assimilation of Coriolis Capital into its wider ILS business has now been completed, following an acquisition of the London firm in September 2019.

The carrier racks up losses from Uri and Filomena as well as deterioration on Laura and Sally.

The French carrier grew its top line by 14.3% at the April renewals.

Reinsurers still have concerns over rate adequacy as views of typhoon risk evolve.

The reinsurance chief sees no role for the ILS market, as pandemics are "badly defined", with no clear end point.

The reinsurer lifts the division's Covid-19 loss assessment by EUR28mn in the fourth quarter within a set of results that beat expectations.