French reinsurer Scor has replaced its chairman, Jacques Blondeau, with chief executive Denis Kessler.
The company refused to comment on the reasons for Blondeau's replacement. However last week it revealed it is heading for a loss of £251m.
Scor said that Kessler's priority would be to restore confidence in the company and return it to profitability.
Kessler is believed to be focusing on an immediate rights issue.
He said: "My priorities are to restore confidence in the Group and return us to profitability. I will also get actively involved in the renewals season."
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
