Ogden charge hits Scor Global P&C profits

Scor Global P&C reported a first quarter 2017 operating
result of EUR149mn ($162.5mn), which was down 37.7 percent on the
same period of last year and missed the analysts' consensus
forecast by 13.9 percent.
Analysts had predicted a P&C operating result of EUR173mn.Scor Global P&C also reported a net technical result of
EUR161mn, which was down 22.2 percent on Q1 2016.
The result was impacted by a pre-tax hit of EUR116mn from the UK
government's decision to change the...