Scor recoups EUR1.1bn from P&C retro partners in 2021
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Scor recoups EUR1.1bn from P&C retro partners in 2021

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Scor ceded around EUR1.1bn of P&C losses to its retro partners in 2021, well up from EUR423mn the prior year, as Covid claims rose in Q4.

The reinsurer recouped a net EUR189mn from its retro partners after ceding them around EUR1.2bn of premium – representing a retro gain compared to 2020, when the carrier ceded EUR896mn of P&C premium to retro providers and was left...

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