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Scor's property/casualty reinsurance renewal premiums rise nearly 4%


France-based reinsurer Scor S.E.'s property/casualty reinsurance renewal premiums grew nearly 4% to €3.1 billion ($3.8 billion) at the January renewals, reports. The reinsurer said that much of the growth was through larger participations on well-established treaty partner programs. Scor said that the risk-adjusted pricing increased 3% compared with the pricing in January 2017, and the expected profitability of the business underwritten, both technical and based on capital return, grew 2%.

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