SCOR hails success in COVID-19 stress test with strong topline growth but profits plunge 44% in 2020

24-02-2021

SCOR hails success in COVID-19 stress test with strong topline growth but profits plunge 44% in 2020

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SCOR’s 2020 results show that the global reinsurer has so far coped well with the "historic shock" of COVID-19 crisis, even though its profitability has been dented significantly year on year. The company's chief executive Denis Kessler has predicted stronger reinsurance growth along with a positive pricing dynamic, insisting that SCOR is "very well positioned" to scale its global platform and seize market opportunities in 2021.


SCOR, 2020 results, Insurance, Reinsurance, COVID-19, Denis Kessler, Europe

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