Scor Reports Net Loss on the Back of Natural Catastrophes
Scor reported a net loss of EUR 267 million in the third quarter and a net loss of EUR 25 million for the first nine months. The loss was predominantly caused by the natural catastrophes of 2017: hurricanes Harvey, Irma, and Maria, and the earthquake in Mexico. However, while we believe this is a big event year, relative to market conditions, it will not be enough to prompt the significant hardening the market has been waiting for. And though we will see price increases, they will be more muted ...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
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