Scor’s Rousseau: EUR485mn inflation reserve charge reflects ‘prudent’ approach
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
  • Email
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
Cookies Settings

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

Rachel Dalton
09 November 2022
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
  • Email
scor-paris2-resized.jpeg

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%

Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Take a free trial Already a subscriber? Login now

Topics

NewsResultsScor
rachel dalton 2024 ii red 2.png
Rachel Dalton
Lead Reporter
Contact
Gift this article