Most-read stories for the week include a piece on Scor SE's CEO being angered by an unsolicited offer for the company and a look at several global insurers and reinsurers suffering higher-than-expected losses from natural catastrophes in 2017.
Excess capacity in spotlight as reinsurance industry prepares for Rendez-vous
The persistent abundance of traditional and alternative capital is likely to be a big talking point at an important, and opulent, meeting in Monte Carlo.
Scor CEO slams timing of Covéa offer, defends reinsurer's independence
Scor SE Chairman and CEO Denis Kessler spoke against the timing of French mutual group SGAM Covéa's now-abandoned €43-a-share offer for the reinsurer, saying it showed "little understanding of the reinsurance industry."
Aflac distraction doesn't disrupt US life industry's direct premium growth
The conversion of Aflac Inc.'s Japan branch to a Japanese corporation materially impacted direct premiums and considerations for several life and health business lines in the second quarter, but the industry's overall trend remains decidedly higher.
Prudential Financial, Unum among insurers trading 20%+ below analyst targets
As of Aug. 31, insurance stocks had a median implied upside of 10.5%, compared to 14.0% as of June 1, according to an S&P Global Market Intelligence analysis.
Everest Re, Validus among insurers that saw cat loss deterioration in H1
Six global insurers and reinsurers suffered higher-than-expected losses from natural catastrophes in 2017, according to a new report from reinsurance broker Willis Re.