Scor renews three-year EUR300mn contingent capital facility with JP Morgan
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

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

Rachel Dalton
19 December 2022
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
Scor logo finance investments.jpg

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

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

Scor Re/insurers News Stocks
rachel dalton/rachel dalton ii ils.png
Rachel Dalton
Lead Reporter
Contact
Gift this article