SCOR poised to embark on ‘transformation’ journey after profits climb 95% in 2021

Global reinsurance giant SCOR enjoyed significant improvement in profitability, gross premiums and growth, particularly in its property and casualty segment, despite the high level of natural catastrophes and ongoing impact of COVID-19. Its top officials highlighted the company’s “shock-absorbing” capacity and ability to create value in a challenging environment as it looks to embark on the “transformation” journey.