8th May 2022

SCOR absorbs combined impact of potential claims related to the conflict in Ukraine, a series of natural catastrophes and the continuation of the pandemic in the US

First quarter highlights are:
-Gross written premiums of E4,715m, up 9.7% compared with Q1 2021
-Net loss of E80m, compared with E45m
-Shareholders’ equity of E6,064m at the end of March 2022, implying a book value per share of E33.89, down -3.9 % from 31st December (E35.26)
-Estimated solvency ratio of 240% at the end of March 2022 (up from 226% at the end of 2021)
-Completion of the announced E200m share buy-back

SCOR Trends(353 articles)