In FY 16, GWP reached €13,826m, up 3% at current FX (+5.3% at constant FX) compared to 2015. Q4 16 GWP reached €3,610m, +5.4% at current FX. SGPC written premiums decreased by 1.5% at current FX (+1.2% at constant FX) to €5,639m, with a growing combined ratio at 93.1% (+200bp relative to 2015). SGL’s premiums stood at €8,187m, up 6.4% yoy at current FX (+8.3% at constant FX). The technical margin lost 20bp to 7%, in part due to a weak Q4 16 (6.9%). Total investments
22 Feb 2017
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SCOR SE (SCR:PAR) | 0 0 (-0.2%) | Mkt Cap: 6,833m
- Published:
22 Feb 2017 -
Author:
Bassem Neifer -
Pages:
3
In FY 16, GWP reached €13,826m, up 3% at current FX (+5.3% at constant FX) compared to 2015. Q4 16 GWP reached €3,610m, +5.4% at current FX. SGPC written premiums decreased by 1.5% at current FX (+1.2% at constant FX) to €5,639m, with a growing combined ratio at 93.1% (+200bp relative to 2015). SGL’s premiums stood at €8,187m, up 6.4% yoy at current FX (+8.3% at constant FX). The technical margin lost 20bp to 7%, in part due to a weak Q4 16 (6.9%). Total investments