SCOR shakes off a soft-market hangover—its new strategy targets alternative solutions

SCOR’s portfolio is in far better shape now than it was last year, but it is not resting on its laurels.

Improvements to rates and terms and conditions have been wholeheartedly embraced by SCOR, which has taken the opportunity to reshape its portfolio.

But Stuart McMurdo, chief executive officer of Reinsurance at SCOR, stresses that improvements are still needed as SCOR, along with the wider industry, still looks to shake off the effects of an elongated soft market.

After doing a lot of heavy lifting in 2023, which culminated in its unveiling a new group strategy, “Forward 2026”, at Monte Carlo, McMurdo, speaking to Baden-Baden Today, said that the reinsurer’s portfolio is in far better shape now than it was last year. But he is not resting on his laurels.

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Casualty is in for a bumpy ride

The casualty markets now need a correction, says Brit.

Clients more transparent on portfolio

Clients and brokers have worked hard to flex structures: Everest Re.

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