Why It’s a Good Time for Insurtechs to Be Thinking About Mergers October 30, 2020 By Mark Hollmer The drumbeat for insurtechs to pursue a merger, acquisition or partnership is getting louder, with the number likely to substantially...
The New Digital Normal and the Future of Work in Reinsurance October 6, 2020 By L.S. Howard It’s been said that necessity is the mother of invention. That proverb was illustrated perfectly during the insurance industry’s successful...
SCOR Global P&C Restructures with Aim to Be More Responsive on Regional Basis October 5, 2020 SCOR Global P&C is making a number of changes to its organizational structure to be more responsive on a regional...
Reinsurance Demand Rises, Along with Flight to Quality, Say Industry Experts September 28, 2020 By L.S. Howard Not only has reinsurance buying increased, but there also has been a flight to quality reinsurers by ceding insurance companies,...
Catastrophe Losses Driven Higher by Secondary Perils – And Climate Change September 23, 2020 By L.S. Howard Secondary perils, exacerbated by climate change, are driving catastrophe insurance losses, warn a growing chorus of reinsurers and brokers. Indeed,...
NBIS Adds SCOR Companies as Market for Specialized Transport, Heavy Haul Industry September 17, 2020 NBIS, a provider of specialty construction insurance and risk management will now offer coverage for the specialized transportation/heavy haul industry...
Fitch’s Reinsurance Outlook Remains Negative, Despite Entry into Hard Market Phase September 11, 2020 By Adrian Leonard Fitch Ratings said yesterday its ratings outlook for companies in the global reinsurance sector will continue to remain negative as...
SCOR CEO Takes 30% Bonus Cut; 2019 Dividend Scrapped on COVID-19 Crisis May 26, 2020 By L.S. Howard French reinsurer SCOR announced that its Chairman & CEO Denis Kessler will receive 30% less in his annual variable compensation...
SCOR Global P&C Sees Price Increases of 6.6% During April Renewals April 23, 2020 During the April reinsurance renewals, SCOR Global P&C said it grew gross premiums by 5.7% to €504 million, while benefiting...
SCOR-Backed Channel Syndicate Taps Coulson from Lancashire as Senior Underwriter March 31, 2020 Channel Syndicate, which is backed by reinsurer SCOR, has appointed Caroline Coulson as a senior underwriter on the political and...