Scor renews three-year EUR300mn contingent capital facility with JP Morgan
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Scor renews three-year EUR300mn contingent capital facility with JP Morgan

Rachel Dalton
19 December 2022
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Scor has renewed its EUR300mn ($319mn) multi-year contingent capital facility with JP Morgan for the fourth time.

The French carrier launched the facility in January 2011. It provides up to EUR300mn via a fresh equity injection in the case of extreme nat-cat or life events impacting mortality, or a significant reduction in its share price.

The

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ScorRe/insurersNews
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Rachel Dalton
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