Financial capacity alone cannot bridge China's Nat CAT protection gap, per Swiss Re's China chief

Global reinsurance company SCOR has renewed its contingent capital program for another three years, which may provide the carrier with up to €300 million of additional capital after the occurrence of extreme events, natural catastrophes or events affecting mortality, or a “significant fall in the share price of the Company’s ordinary shares.”The last renewal occurred in December 2022, which as wit