SCOR's Kessler highlights 'milestone' Covéa deal as profit jumps in H1 2021

28-07-2021

SCOR's Kessler highlights 'milestone' Covéa deal as profit jumps in H1 2021

SCOR, the world's fourth largest reinsurer, delivered a solid profit in the first half of this year, after seeing it plunge significantly in the last few quarters. The second quarter brought robust growth at the reinsurer despite natural catastrophes, the on-going Covid-19 pandemic and the low-yield environment, but its former chief executive Denis Kessler (now non-exec chair) highlighted the peace deal it reached with one-time bidder Covéa for enabling greater flexibility to fuel growth.


SCOR, Covéa, Profit, Catastrophe, COVID-19, Property & Casualty, Insurance, Reinsurance, Denis Kessler, Laurent Rousseau, Christian Badorff, Europe

Intelligent Insurer