SCOR delivers solid growth in April renewals
Saturday, 04 23 2016, Category: Insurance and Reinsurance, Country: France
The property/casualty (P&C) division of French reinsurer SCOR delivered solid growth in the April renewals despite what it described as difficult market conditions.
The reinsurer reported an increase in gross written premiums of 4.7 percent at the recent renewals, with total premiums rising to €440 million from €420 million.
It said rates were more or less stable on most of the renewed business and its expected profitability is on target.
Source: Intelligent Insurer