24 August 2017

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Scor launches EUR300mn contingent capital facility

15 December 2016

In a rebuff to the traditional retro markets, Scor is launching a new 3-year contingent capital facility.

The facility will provide the group with EUR300mn coverage in case of extreme natural catastrophe or life events impacting mortality.

This equity line facility will replace, as of 1 January 2017, the current contingent capital facility which comes to an end on 31 December.

Under the new arrangement, Scor is effectively raising its protection versus the existing contingent capital solution by EUR100mn.

As...


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