Scor beats profit estimates on strong underwriting results
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try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry South Korean stock trading temporarily halted as KOSPI slides over 11% Asia stocks slide amid Iran tensions, mixed China PMIs; S.Korea slumps 11% Stocks close in the red as widening Middle East conflict sparks inflation fears Oil prices extend rally as Middle East tensions threaten supply (South Africa Philippines Nigeria) Scor beats profit estimates on strong underwriting results By Author Maria Ponnezhath Earnings Published 03/04/2026, 02:21 AM Scor beats profit estimates on strong underwriting results 0 SCOR -4.48% Investing.com -- SCOR SE (EPA:SCOR) on Wednesday reported fourth quarter net income of €208 million, exceeding analyst expectations of €170 million, as the French reinsurer delivered strong underwriting performance across both property and casualty and life and health divisions. The company’s property and casualty combined ratio came in at 80.9% for the quarter, significantly better than the 84.8% analyst consensus, reflecting excellent underlying performance and continued reserve strengthening. Don’t miss fast-moving market developments. InvestingPro gives you live headlines, analyst notes, and data as it happens The natural catastrophe ratio stood at 7.6%, below the 10% budget, with hurricane Melissa accounting for 6.2 percentage points. For the full year, the combined ratio reached 82.3%, within the company’s target of below 87% under its Forward 2026 strategic plan. Life and health insurance service result totaled €115 million in the quarter, 15% above the €100 million consensus estimate. For the full year, the division generated €450 million, exceeding the company’s approximately €400 million target. The fourth quarter experience variance was favorable at €28 million. "Driven by the disciplined execution of our Forward 2026 strategic plan and the exceptional commitment of our teams, SCOR demonstrated the robustness of its leading franchise and diversified business model," said Chief Executi...
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