Scor: net income of E233m in Q4 2024
(CercleFinance.com) - Scor reports net income of E233m (E235m adjusted) in Q4 2024, driven by all businesses.
In P&C, the combined ratio of 83.1% in Q4 2024 benefits from a low loss experience linked to natural catastrophes, with a ratio of 6.4%. For FY 2024, the natural catastrophe ratio stood at 9.4%, better than the budgeted 10%.
In L&H, income from insurance operations stood at E119m in Q4 2024.
For FY 2024, Scor posted net income of E4m (E11m adjusted). The solvency ratio stood at 210% at end-2024, at the upper end of the optimal solvency range of 185% to 220%.
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