Global reinsurer SCOR has appointed Fanny Rosset as Deputy Chief Underwriting Officer of Alternative Solutions.
Rosset joined the firm’s Alternative Solutions team at the beginning of the year.
Throughout her16 year tenure at SCOR, Rosset has held a variety of different roles, including Pricing Actuary for five years, Agriculture Underwriter for 11 years, Senior Underwriter Agriculture for six years, and Market Manager Agriculture for just over one year.
SCOR’s Alternative Solutions team provides to insurance companies, corporate clients a wide range of solutions for the financing of their risks, and with a strong focus on capital management, volatility management and parametric protections, helpful in currently dislocated markets.
Meanwhile, SCOR, recently announced the renewal for three years, of a contingent capital facility that will provide the firm with additional capital of up to €300 million of coverage against extreme natural catastrophes or life events impacting mortality.
Additionally, Fitch Ratings recently downgraded its ratings for SCOR, citing continued weak financial performance, which has fallen short of the rating agency’s expectation for five year and has worsened this year.
