Scor reduces premium income by 12% at 1.1 in quest for technical profitability
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Scor reduces premium income by 12% at 1.1 in quest for technical profitability

Samuel Casey
07 February 2023
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Underwriting action taken to improve technical profitability saw Scor cut its estimated gross premium income by 12% to EUR3.7bn ($4bn) for renewed reinsurance business at the 1 January renewal.

The carrier pursued the strategy laid out in its November investor day, taking advantage of “favourable market conditions” to improve the risk-return profile of its P&C portfolio.

Scor

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Samuel Casey
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