Scor's profits dip as top line grows in Q1
European reinsurer Scor saw its net profits fall 2.9 percent to
EUR170mn in the first quarter of 2016, despite recording a strong
3.3 percent return on invested assets.
The return was just 0.2 points lower than in the same period of
last year.
The overall group top line increased by 5.1 percent to EUR3.3bn,
boosted by a strong performance in its life division.
Scor Global Life's gross written premium (GWP) was up 10.5
percent, while its technical margin remained broadly...
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