SCOR reports 6.6% pricing increase at April 2020 renewal

Intelligent Insurer Bulletin 22/04/2020

This afternoon's stories

SCOR reports 6.6% pricing increase at April 2020 renewal
The reinsurer said it benefited from the broadly improving market conditions.

Hiscox warns of $175m COVID-19 hit; agrees to prioritise resolution of UK BI disputes
The company highlighted that its capital, liquidity and funding positions remain 'robust'.

Beazley braces for $170m hit from COVID-19 insurance claims
The insurer says COVID-19 claims are mostly related to business interruption and from US domiciled companies.

Mexican insurers may face challenging growth due to profit erosion, warns Moody's
The agency has revised the outlooks of seven insurers in Mexico to negative, including Coface Seguro and Chubb Fianzas.

AIA Group appoints new chief executive of Singapore
The appointee has nearly three decades of experience working in Singapore’s financial services industry.

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