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International

Scor expects significant Q1 losses from Ukraine war

April 19, 2022 Reprints

rench reinsurer Scor SE said the war in Ukraine will adversely affect its results for the first quarter this year as its Russian subsidiary Scor PO takes a direct hit after suspending operations in Russia, Verdict reported. Scor expects the war to bring high double-digit million euros worth of potential claims across treaty reinsurance and specialty insurance.

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Scor expects significant Q1 losses from Ukraine war

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