SCOR Posts €225m Q1'26 Profit as Strong Renewals Lift P&C Revenue
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The reinsurer, who prefers to protect his technical result rather than race for growth in a market that has become more competitive, continued to strengthen its financial strength in the first quarter of 2026. It constitutes new provisions in the face of the conflict in the Gulf. An investor-friendly strategy.
Scor posts €225m q126 profit as strong renewals lift pc revenue
P&C revenue reached €1.812 billion, up 5.4% at constant exchange rates compared to the same period last year, mainly driven by the reinsurance segment amid strong renewals, News.Az reports, citing Reinsurancene. P&C new business CSM totaled €722 million, rising 1.8%, supported by higher reinsurance volumes and a positive retrocession impact. The combined ratio stood at 80.2%, including 4.2% from natural catastrophes, reflecting a relatively calm…
SCOR posts €225m Q1'26 profit as strong renewals lift P&C revenue
Global reinsurer SCOR reported net income of €225 million for Q1 2026, with contributions from all business lines, prompting CEO Thierry Léger to reaffirm confidence in the group’s ability to meet its 2026 targets. In Q1 2026, SCOR’s P&C insurance revenue reached €1.812 billion, up 5.4% at constant exchange rates compared with the same period in 2025. The reinsurer said this growth was primarily driven by its Reinsurance segment, supported by “s…
The French reinsurer Scor recorded a net profit of EUR 225 million in the first quarter (adjusted: EUR 220 million) due to a lack of large-scale damage caused by natural disasters and sustained high reinvestment rates in investments. In the same period last year, consolidated net income was still EUR 200 million. Despite the increase in profit of 12.8 percent, insurance sales decreased by 6.1 percent in the first quarter to around EUR 3.82 billi…
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