SCOR hails 'excellent' P&C January renewals, predicts hardening through 2021 and 2022

Global reinsurer SCOR began 2021 with "excellent" renewal results, generating +15.9 percent premium growth in line with the forecasts. The company's chief executive outlined a "very positive" outlook for the property/casualty (P&C) reinsurance market in 2021 driven by significant treaty market hardening and overall improved conditions across all lines of business and regions.