9M 16 GWP reached €10,216m, up 2.2% at current FX (+4.4% at constant FX) compared to 9M 15. In Q3 16, a slight decrease of 0.6% was recorded to €3,481m. SGPC’s written premiums declined by 2.8% at current FX (-0.1% at constant FX) to €4,234m ytd, a trend confirmed in Q3 (-4.3% to €1,433m). The technical profitability suffered due to a higher combined ratio at 90% (90.8% in the Q3 15). SGL’s premiums stood at €5,982m, up 6.1% year-on-year at current FX (+7.
27 Oct 2016
Top in Life, flop in P&C
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Top in Life, flop in P&C
SCOR SE (SCR:PAR) | 0 0 (-0.2%) | Mkt Cap: 6,833m
- Published:
27 Oct 2016 -
Author:
Bassem Neifer -
Pages:
3
9M 16 GWP reached €10,216m, up 2.2% at current FX (+4.4% at constant FX) compared to 9M 15. In Q3 16, a slight decrease of 0.6% was recorded to €3,481m. SGPC’s written premiums declined by 2.8% at current FX (-0.1% at constant FX) to €4,234m ytd, a trend confirmed in Q3 (-4.3% to €1,433m). The technical profitability suffered due to a higher combined ratio at 90% (90.8% in the Q3 15). SGL’s premiums stood at €5,982m, up 6.1% year-on-year at current FX (+7.