Scor Q3 Net Income Beats Consensus at €206M
Scor reported third-quarter net income of €206 million on Friday, beating consensus estimates despite higher catastrophe losses. The reinsurer posted a P and C combined ratio of 84.1 percent following active quarterly catastrophe events.
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Insights:
Xurve View
SCOR SE posted group net income of €206 million ($230 million) on Friday morning, down 4.8% year on year. The Paris-based reinsurer topped the company-compiled consensus of €176 million despite an active catastrophe quarter. The earnings beat signals underlying resilience as underwriting navigates elevated loss activity.
