SCOR grows 13.5% at April renewals
At the April 1, 2018, renewals, SCOR Global P&C grew gross written premiums by 13.5 percent at constant exchange rates to €505 million, the company said while presenting the first quarter 2018 results.
During April renewals, the firm improved risk-adjusted pricing by 2.9 percent and maintained stable terms and conditions, according to a statement.
Growth was achieved in both treaty (especially in India and the US) and in specialty treaties (including in agriculture, credit and surety and US cat).
Overall, these renewals position SCOR Global P&C growth in line with "Vision in Action" assumptions, the company noted.
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