Scor News
Jones Joins HSCM From SCOR to Expand InsurTech Group
Adrian Jones, the former leader of SCOR's P&C Ventures unit, has signed on with Hudson Structured Capital Management Ltd. to expand the asset manager's InsurTech and global reinsurance groups, ...
SCOR Chooses Ribadeau-Dumas as Next CEO, Succeeding Kessler
The SCOR board of directors unanimously chose Benoît Ribadeau-Dumas as the next chief executive officer of SCOR, succeeding Denis Kessler, SCOR's current chairman and CEO. Ribadeau-Dumas will become ...
To Merge or Not to Merge: InsurTechs Must Increasingly Ask This Question
The drumbeat for InsurTechs to pursue a merger, acquisition or partnership is getting louder, with the number likely to substantially grow in the months ahead, an insurance industry expert believes. ...
Executives On The Move at SCOR, Third Point Re and BHSI
SCOR named a new chief financial officer. Third Point Re appointed a chief operating officer. Berkshire Hathaway Specialty Insurance added three underwriting executives to its division in Spain.
Catastrophe Losses Driven Higher by Secondary Perils – And Climate Change
Secondary perils, exacerbated by climate change, are driving catastrophe insurance losses, warn a growing chorus of reinsurers and brokers. Indeed, broker Aon reveals that more than 60% of 2020's ...
SCOR CEO Takes 30% Bonus Cut; 2019 Dividend Scrapped on COVID-19 Crisis
French reinsurer SCOR announced that its Chairman & CEO Denis Kessler will receive 30 percent less in his annual variable compensation for 2019, which is equal to €325,260 (US$354,333). In ...
French Reinsurer SCOR Generates Substantial Q2 Net Profit
French reinsurer SCOR, which was the target of a failed takeover attempt last year, said its net profit for the second quarter rose 62% from the same period a year ago, helping the company meet ...
Activist Fund Fails to Boot Kessler As SCOR CEO; Shareholders Reject Ouster Proposal
Reinsurer SCOR's shareholders on Friday blocked an attempt by an activist fund to oust the company's CEO, in a sign that activist investors are increasing pressure on French blue chips. Nearly three ...
SCOR’s CEO Counters Angry Investors With Promises of New Strategy
French reinsurer Scor's Chief Executive Denis Kessler promised on Tuesday to release a strategic plan that would set new targets for the company, in a move to assuage an activist fund that questioned ...