Scor expects significant Q1 losses from Ukraine war
Posted On: Apr. 19, 2022 9:30 AM CSTrench 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.