Scor
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Significant start-up moves this month included Kathleen Faries and Julia Henderson joining Lavant and Piers Cantlay signing up to join McGill.
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The Atropos fund has delivered 6.29% yield and recorded gross inflows of over $140mn since the beginning of 2020.
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The current chief says the governance structure will evolve in a “new phase” for the reinsurer. -
Emmanuel Clarke, Frédéric de Courtois and Benoît Ribadeau-Dumas reportedly compete with insiders including Laurent Rousseau.
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The carrier adds just EUR8mn to its running Covid-19 claims tally, which now stands at EUR256mn.
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The changes move away from a management structure built around types of business.
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The executive says a time lag for start-ups to achieve profitability would favour incumbents.
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Deputy CEO Laurent Rousseau tells investors the “pruning is over” as the shares rise 11%.
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The French reinsurer guides away from an equity raise as it predicts further rate hardening.
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The firm grew its cat book 13% in the June-July renewals.
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Dow's captive insurer is covered by reinsurers that have included HDI, AIG and Scor.
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Both firms’ bottom lines are under threat from the pandemic, ratings agencies have said
