SCOR : Decline in volumes at renewals on 1 January but with significant price increases
>Renewals that favour an improvement in technical profitability - Yesterday, Scor published its P&C reinsurance renewals at 1 January 2023. Around € 3.6bn in P&C reinsurance premiums were renewed on this date, i.e. close to 67% of its P&C reinsurance treaty policy, representing 47% of the group’s total P&C premiums. Scor continues to implement its objective to improve its technical profitability and reduce the risk profile of its portfolio, taking advantage of the cu...SCOR is a holding company. Through its subsidiaries, Co. is engaged mainly in reinsurance. Its customers are insurers and large corporations. Co. is engaged in life reinsurance through SCOR Global Life SE and non-life reinsurance through SCOR Global P&C SE. In the life reinsurance business, Co. offers reinsurance for individual and group life insurance, long-term care, substandard risks, critical illness and financing products. The non-life reinsurance business comprises traditional reinsurance business; Treaty, Business Solutions, and Specialty Lines. In addition, Co. through SCOR Global Investments SE, manages, directly or indirectly its global investment portfolio.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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