Scor’s Rousseau: EUR485mn inflation reserve charge reflects ‘prudent’ approach
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Scor’s Rousseau: EUR485mn inflation reserve charge reflects ‘prudent’ approach

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Scor’s increase in P&C reserves of EUR485mn ($486mn) in Q3 is an effort to take a “prudent stance” on both economic and social inflation, according to CEO Laurent Rousseau.

In a call following the publication of the carrier’s Q3 results today, Rousseau noted that the P&L impact of the reserve charge, which represents 2.3%

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