SCOR life premiums rise by nearly a fifth

French reinsurer SCOR has revealed a 19.3 percent increase in its Life gross written premiums, rising from €3,305 million in 2010 to €3,620 million in 2011.

Although P&C business still accounted for a larger percentage of SCOR's premiums, the gap between the reinsurer’s Life and P&C business has decreased by 41.9 percent in 2011, in comparison to the previous year.

Gross written premiums were up for the year across both Life and P&C lines, rising by 19.3 percent and 8.8 percent respectively, in comparison with 2010.

Overall gross written premiums increased by 13.6 percent, from €6,694 million in 2010 to €7,602 million in 2011.