Scor’s Q4 P&C result benefits from higher retro recoveries

02 March 2023

Scor’s global P&C unit has reported a Q4 profit of EUR149mn ($158mn), down 20.3% year on year, as its combined ratio benefited from lower cat activity in the quarter but still deteriorated 1 point year-on-year.

At group level, Scor reported Q4 operating income of EUR393mn, up 85.4% on the prior-year period, and return on equity of 16.8%,

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