SCOR, the Paris-based property-casualty and life reinsurer, reported a 42 percent rise in first-half income today.
The company said it had first-half income of $131 million compared with $93 million a year ago, and its combined ratio improved to 98.2 compared with 99.7 last year.
Chairman Denis Kessler said the results proved that solvency and profitability have been fully restored. “The return to a controlled business expansion has been confirmed by the renewals and the increase in premium income,” he said.
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