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SCOR, net result up by 21.6% in the first quarter

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Magazine Issue: 
Insurance in the Gulf between shadow and light [3]
Magazine date: 
Apr 2014

For the 1st quarter of 2014, SCOR has achieved a net profit up by 21.6% to 135 million EUR (185.6 million USD).

The total of gross written premiums of the first French reinsurer for the 1st quarter has amounted to 2.67 billion EUR (3.7 billion USD), an increase of 11.8% compared to the previous year. From that turnover, the life (+26%) and non-life (+3.6%) premiums have respectively accounted for 1.47 billion EUR (2.02 billion USD) and 1.2 billion EUR (1.68 billion USD).

According to Denis Kessler, CEO of the group, "SCOR is in running order to achieve its objectives for profitability and solvability defined in the Optimal Dynamics Scheme".

Wed, 07/05/2014 - 17:13

Source URL: https://www.atlas-mag.net/en/article/scor-net-result-up-by-216-in-the-first-quarter

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