Free Trial Corporate Access
Reactions - Financial Intelligence for the Global Insurance Market
Reactions Copying and distributing are prohibited without permission of the publisher

Pricing up 2% at 1/1 renewal – Scor

09 February 2012

The renewals period concluded “successfully”, according to Scor, which boasted total premium growth of 13.9%, saying it plans to expand its North American P&C reinsurance business.

Read more: Scor renewals

Pricing increased by 2.2% at January reinsurance renewal, by weighted average, according to figures published today by Scor.

Contacts linked to natural catastrophe risk have surged 29.9% in Asia Pacific, and by 13.2% in North America, noted the firm.

The French reinsurer is looking to raise its P&C exposure in North America, it added.


The reinsurer said it had taken the opportunity of the rate rise to increase its business with a "very satisfactory" 13.9% growth in its total premium, split into a 12% rise in P&C treaty business, with specialty treaties up 18%.
...


  

   
June 2016 
In this month's Reactions
 Latam Awards
 RMS Exceedance
 Alberta wildfire
 Reinsurers write primary


Click here to view this issue


For more catastrophe reports, data and news, click through to the RMS/Reactions Catastrophe Centre.