
Thomas
Fossard
Investor Relations
Growing preferred lines of business in attractive market conditions
Jean-Paul Conoscente, CEO for P&C at SCOR, comments: “Following very strong renewals throughout 2023 marked by the hardest market seen in the last 20 years, SCOR continues to improve the quality and profitability of its P&C portfolio, maintaining disciplined pricing and terms & conditions for the 1.1.2024 renewals. In this favorable market, we are seizing attractive opportunities, as illustrated by the 13.6% growth delivered this January. I expect the attractive market conditions to continue over the remainder of the year, fuelled by the demand from cedants and continued discipline by reinsurers. SCOR’s teams continue to lean into the hard market to generate value and successfully deliver on the Forward 2026 plan.”
Footnotes:
1 Estimated Gross Premium Income (EGPI).
2 vs 1 January 2023 EGPI. Excludes one large structured transaction.
CONTACT
Thomas
Fossard
Investor Relations
Alexandre
Garcia
Media Relations