Hedging assets sought to combat escalating risk of interest rate and inflation spike
Rolls-Royce longevity swap highlights growing cross-border appetite of reinsurers
Reinsurer Scor becomes the latest firm to enter the longevity arena
Philippe Trainar, chief risk officer at Scor, talks to Alexander Campbell
After the extreme volatility of 2008 spoiled the MCEV launch party, investors have been understandably wary of the way some firms have taken a hardline stance on market consistency. Now the variance in how non-hedgable risks are assessed is what is…
Testing economic conditions have prompted widespread moves by life insurers to reinsure their liabilities in order to gain capital relief. As the situation eases, will demand for reinsurance fall, or are other factors coming to prominence? Blake Evans…
Frieder Knüpling has been promoted to deputy chief risk officer (CRO) of Paris-based reinsurer Scor.
JP Morgan Chase plans to give a number of presentations to asset managers to encourage them to use credit derivatives to enhance returns.
French reinsurer Scor - plagued by profits warnings and a deteriorating financial position - has ousted its chairman and chief executive, Jacques Blondeau, with immediate effect, replacing him with Denis Kessler of the French insurance association.
The cost of senior debt protection on Scor ballooned to 850/1,000 basis points over Libor today, after the French reinsurer revealed, yesterday that it would make a net loss of €250 million this year, following major losses in credit derivatives and…
French reinsurer Scor Group will come back to the credit derivatives market to offer protection by early next year, said the company’s chairman Jacques Blondeau.