SCOR adds mass of L&H reserves, scuttles FY profit targets

Global reinsurance group SCOR ran an additional round of reserving against its life and health book following worrying trends visible in Q1, driving the segment to a Q2 underwriting loss around €0.4 billion, then warned that more bad news could yet be in store.

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SCOR adds mass of L&H reserves, scuttles FY profit targets

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