scor

We’ve got a new video for you today, featuring an interview with Sidney Rostan, Head of ILS at SCOR Investment Partners, who is the latest industry executive to join our Artemis Live series.

French reinsurance giant SCOR has established its fourth contingent capital facility, securing an EUR 300 million source of responsive capital coverage for natural catastrophe and extreme mortality events.

Despite the significant catastrophe losses facing the reinsurance industry, French reinsurer SCOR has reported a profit for the first none months of 2017, as support from its retrocession providers helped the firm to better manage its losses.

Global reinsurance firm SCOR said that it expects the impacts of hurricanes Harvey, Irma and Maria will likely remain an earnings, rather than capital event, and that it does not expect its contingent capital facility will be triggered as a result of the losses it will suffer.

French reinsurance company SCOR has announced the issuance of a new three-year contingent capital facility that will provide the company with EUR 300 million of cover against losses from natural catastrophe and extreme mortality events.

French reinsurance company SCOR has created a new business unit, called Alternative Solutions, to centralise and house its activities in insurance-linked securities (ILS), structured risk transfer and alternative risk financing.

French reinsurer SCOR has now issued a press release on its recently launched Atlas Reinsurance X Ltd. fully collateralized reinsurance sidecar, which Artemis covered last week. The reinsurer says the successful launch of the sidecar further demonstrates its access to capital.

French reinsurance firm SCOR has launched a new collateralized reinsurance sidecar vehicle in time for the January renewals. Atlas Reinsurance X Limited launched at the end of 2013 and its $55.5m shares were listed in Ireland.

French reinsurance firm SCOR has renewed its innovative contingent capital facility, which takes the form of a guaranteed equity line with UBS, and has expanded the cover it provides the reinsurer to €200m, covering both natural catastrophe and extreme life events.

French reinsurer SCOR has completed its latest catastrophe bond, securing approximately $228m of multi-year retrocessional reinsurance cover for itself on a fully collateralised basis. Atlas Reinsurance VII Limited saw SCOR offload certain U.S. hurricane, U.S. earthquake and European windstorm risks to capital market investors on both aggregate and per-occurrence basis’ using industry loss index triggers.