French reinsurer SCOR is to establish an Irish reinsurance company to take advantage of current insurance market conditions and the year-end renewal period.
SCOR said Irish Reinsurance Partners (IRP) would be established with the help of private equity investors and would be dedicated to reinsuring part of SCOR's non-life business.
SCOR chairman and chief executive Jacques Blondeau said: "The creation of IRP will enable us to benefit to the full from the positive market conditions we foresee for year-end.
"It is an innovative solution to increase our underwriting capacity."
IRP will be based in Dublin. Its creation is subject to Irish regulatory approval.
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.
