SCOR swings to loss in Q2, profits fall 91% in H1 due to COVID-19 hit

23-07-2020

SCOR swings to loss in Q2, profits fall 91% in H1 due to COVID-19 hit

SCOR CEO Denis Kessler

SCOR, the world's fourth largest reinsurer, swung to a €136 million loss in the second quarter of 2020 due to the impact of COVID-19 pandemic, despite underlining its "capacity to absorb major shocks and the resilience of its business model".


SCOR, 2020 Results, Q2, Insurance, Reinsurance, Coronavirus, Denis Kessler, Europe

Intelligent Insurer