Activist investor renews pressure on Scor over 'unjustified' AGM slot

pressure

Investment fund CIAM has renewed its pressure on Scor ahead of the reinsurer’s annual general meeting on 17 April, calling for the firm to publish a succession plan for its CEO position.

It also said it would vote down resolutions relating to the pay packet of Dennis Kessler, the firm’s current CEO and chair, and called for shareholders to do likewise.

It comes a year after CIAM

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ABI insists fire safety scheme is temporary

Mervyn Skeet, the Association of British Insurers’ director of general insurance, has outlined how the trade body will ensure the Fire Safety Reinsurance Scheme will only last three to five years, and how it will should end criticism of brokers earning commission for arranging cover.

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