{"id":192654,"date":"2026-02-04T15:00:07","date_gmt":"2026-02-04T15:00:07","guid":{"rendered":"https:\/\/www.reinsurancene.ws\/?p=192654"},"modified":"2026-02-04T14:39:13","modified_gmt":"2026-02-04T14:39:13","slug":"cedents-looked-to-reduce-reinsurer-panels-at-1-1-scors-conoscente","status":"publish","type":"post","link":"https:\/\/www.reinsurancene.ws\/cedents-looked-to-reduce-reinsurer-panels-at-1-1-scors-conoscente\/","title":{"rendered":"Cedents looked to reduce reinsurer panels at 1.1: SCOR’s Conoscente"},"content":{"rendered":"

Large European and some global insurers took advantage of reinsurance market dynamics to reduce the number of reinsurers in their core panels at the January 1, 2026, renewals, according to Jean-Paul Conoscente, P&C CEO of French reinsurer SCOR.<\/p>\n

\"Jean-PaulSpeaking during SCOR\u2019s 1.1 2026 P&C renewal call, Conoscente said cedents are seeking to limit their core panels to between seven and around 10 to 12 reinsurers, with whom they place roughly 80% or more of their programmes.<\/p>\n

He explained, \u201cThose clients view that as a benefit. It\u2019s still good competition because you have a large number of participants, but it makes it easier if there are specific losses, if there are discussions around wordings and things like that, to have a limited number with a broad relationship overall.\u201d<\/p>\n

Conoscente noted that in 2023, when the market was hardened and capacity was scarce, clients took on as many reinsurers as possible.<\/p>\n

\u201cNow, as we enter a market where capacity is in larger supply, they want to go back and sort of rationalise their panel a little bit,\u201d he said.<\/p>

\"Artemis<\/a><\/div><\/div>\n

Conoscente added, \u201cAnd in that movement, SCOR benefited because we have a wide breadth of coverage we can offer across lines of business, across geographies, and meaningful capacity. So, we gain from that movement at January 1st.\u201d<\/p>\n

During the call, Conoscente also commented on catastrophe price adequacy at 1.1, saying the outcome was very much in line with SCOR\u2019s expectations.<\/p>\n

\u201cPrice adequacy we see as very high on cat, not just because of pricing, but also because of the structural changes that took place since 2023, and has been stable ever since. So, we think cat is a line of business, despite the change in pricing seen at 1.1, still remains highly attractive,\u201d he said.<\/p>\n

SCOR has also disclosed its January 2026 reinsurance renewal results<\/a>, reporting selective portfolio growth in a competitive pricing environment. Within traditional P&C reinsurance lines, SCOR posted a 7.4% EGPI uplift to \u20ac2.848 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"

Large European and some global insurers took advantage of reinsurance market dynamics to reduce the number of reinsurers in their core panels at the January 1, 2026, renewals, according to Jean-Paul Conoscente, P&C CEO of French reinsurer SCOR. Speaking during SCOR\u2019s 1.1 2026 P&C renewal call, Conoscente said cedents are seeking to limit their core […]<\/p>\n","protected":false},"author":21,"featured_media":156183,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[35,25],"class_list":["post-192654","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-reinsurance-renewal","tag-scor"],"acf":[],"yoast_head":"\nCedents 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