Magazine date:
Apr 2014 The first French reinsurer has posted 549 million EUR (756 million USD) in net profit for the year 2013, the most outstanding performance in the group's history, up by 31% compared to the previous year. The 193 million EUR (265nbsp;million USD) acquisition of Generali U.S. in 2013 has positively impacted Scor’s results.
Return on equity is of 11.5%. Gross written premiums have reached 10.25 billion EUR (14.11 billion USD) up by 7.8%. Non-life reinsurance reported a gross premium volume of 4.85 billion EUR (6.67 billion USD), that is an increase of 8.3% at constant exchange rate. Life insurance has, on its part, posted a premium growth of 11.1% at 5.4 billion EUR (7.4 billion USD).