“At P&C we are benefiting from very attractive market conditions with a combined ratio of 87.1% and remain committed to building reserve buffers,” said Léger. “In health and health insurance, we are affected by adverse experience variance, driven primarily by U.S. mortality and claims reporting effects. When investing, SCOR benefits from higher regular income and reinvestment rates. Overall, we start the year with a strong ROE of 17.3% and an improving solvency ratio of 215%, supported by strong working capital generation due to P&C renewals in January.”
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2024-05-17 13:50:00
www.insurancebusinessmag.com
