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Scor’s net income jumps nearly 1,400%

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Financial results

France-based reinsurer Scor SE’s net income surged 1,361.5% year-on-year to €380 million ($447 million) in the first half of the year versus €26 million in the year-ago comparable period, Reinsurance News reported. The reinsurer paid out €109 million for claims related to COVID-19-related business interruption claims on its property and casualty business side.

 

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