At the January 2024 renewals, Scor posted EGPI (estimated gross premium income per underwriting year) growth of 13.6% compared with EGPI at January 1, 2023, exceeding the average assumption of the Forward 2026 strategic plan.

The group explains that demand for reinsurance cover continues to grow, and that 'although the supply of available capacity is increasing compared with last year, the imbalance between supply and demand remains'.

'Against this backdrop, Scor is posting growth in its target lines of business, retaining attractive terms and conditions and improving the profitability of its P&C (property & casualty) reinsurance portfolio', it continues.

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