The January 2012 renewal satisfactory for Scor

Scor has unveiled the results of its January 2012 renewals along with the first figures of 2011. For the previous year, the group has reported a turnover of 3.982 billion EUR (5.156 billion USD), an 8.8% increase over one year. The volume of the premiums renewed on January 1, 2012 is on a 13.9% rise in comparison with the same period of 2011. The most important increases came from non-life and third party liability treaties (+12%) and from specialized classes (+18%). Premiums growth is followed by a 2% tariff increase, weighted in average. Scor hopes to reach 4.5 billion EUR (5.3 billion USD) in non life insurance in 2012.