Channel rebrands as Scor Syndicate after second year of underwriting profit
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Channel rebrands as Scor Syndicate after second year of underwriting profit

Rachel Dalton
10 March 2022
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The Scor Channel Syndicate – now to be known as the Scor Syndicate – has posted a combined ratio of 92.5% for 2021, a 3.8-point improvement on the prior year, as well as doubled profits following extensive remedial work.

The syndicate reported underwriting profit of £14mn ($18.4mn) for 2021, double last year’s £7mn, and total comprehensive income of £14mn, up from £9mn the year before.

Scor

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News Reinsurers Scor Results
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Rachel Dalton
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