Scor renews EUR300mn contingent capital facility with JP Morgan
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Scor renews EUR300mn contingent capital facility with JP Morgan

The facility provides solvency support via a fresh equity injection under various scenarios.

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Scor has renewed its EUR300mn ($347mn) three-year contingent capital facility with JP Morgan.

The facility is designed to support the carrier’s solvency in the case of extreme nat cat or life events, or a significant reduction in share price.

It

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