Results season continues, and it’s the turn of major reinsurer SCOR to release its latest numbers. In the second quarter of 2020, the Paris-headquartered group was dealt a blow by the coronavirus crisis.
In a release, SCOR announced a €136 million net loss for Q2 – a nosedive from the €155 million net income enjoyed by the company in the same quarter last year. For the first half, SCOR’s net income fell from 2019’s €286 million to €26 million this time around.
Source : Insurance Business