Scor News
Hannover Re, SCOR Gain Approval to Open India Branch Offices
Both Hannover Re and SCOR have gotten regulatory approval to launch branches in India. Hannover Re announced on Dec. 28 that the Insurance Regulatory and Development Authority of India granted ...
Solid Publicly Traded Reinsurer Results Under Threat: A.M. Best
Reinsurers have been delivering solid operating results, with publicly traded reinsurers currently outpacing the overall equity market – but this good fortune may not be sustainable, given the ...
SCOR, Swiss Re and Munich Re Win Fitch Ratings Upgrades
Fitch issued ratings upgrades for SCOR, Swiss Re and Munich Re and affirmed the ranking of a fourth reinsurer: Hannover Re. Each reinsurer received scrutiny because of their scale, diversity, and ...
Executives On The Move at SCOR, Aspen and A.M. Best
French reinsurer SCOR SE made two new executive appointments. Spencer Aldridge will become the new group chief compliance officer, effective June 1 and be based in Charlotte, N.C. He's a veteran of ...
Sompo Japan Ups Ownership Stake in SCOR to 15 Percent
Sompo Japan Nipponkoa Holdings Inc. bought 7.8 percent of French reinsurer SCOR SE and is seeking to increase the stake to 15 percent in what could become its biggest investment abroad. Sompo Japan ...
Scor CEO Warns Insurers Face ‘Huge Cost’ From Quantitative Easing
The European Central Bank's bond-buying plan may not help the region's economic recovery while it makes the investment decisions harder for insurers and reinsurers, Scor SE Chief Executive Officer ...
Denis Kessler and SCOR’s Five Strategic Plans
In June 2014, the International Insurance Society inducted Denis Kessler, chairman and CEO of SCOR, into its Insurance Hall of Fame. "Kessler became chairman of SCOR in November 2002 and transformed ...
SCOR Well Placed Despite Challenging Market, Says CEO Kessler
The reinsurance industry faces several headwinds related to macroeconomic and industry burdens, but SCOR is well placed to handle these, according to Denis Kessler, chairman and chief executive ...