SCOR continues to perform

At the January 1, 2016 renewals, SCOR Global P&C has managed to maintain expected technical profitability compared to January 2015, while recording gross premium growth of two percent at constant exchange rates, to EUR3 billion.

SCOR Global P&C achieves sustainable growth in spite of the pressures on prices worldwide, in line with the indications given at Monte Carlo and Baden Baden.

SCOR Global P&C continues to find pockets of profitable new business, more than counterbalancing the premium reductions caused by increased selectivity and heightened portfolio management, thereby maintaining overall expected profitability. This has been made possible by a combination of several factors, such as the successful deployment of the client-focused initiative in the US, and having developed the right culture and the right tools to manage global client relationships and steer business in real time.