Scor still aims for 95% cross-cycle combined ratio despite cat cuts and losses
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Scor still aims for 95% cross-cycle combined ratio despite cat cuts and losses

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Scor believes it can achieve its cross-cycle target of a 95% combined ratio despite booking a figure of 107.7% for the first half and 111.5% for Q2.

Since Scor announced its Q2 results this morning, in which it revealed an operating loss of EUR140mn ($143mn) for the P&C unit, the carrier’s share price has fallen by around 14.5%.

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