Scor posts good results for 2010

The group Scor has published a net result of 418 million EUR (554 million USD) in 2010. Despite the natural catastrophes that have strained its performance, this result represents a 13% increase over one year. The volume of gross premiums, established at 6.7 billion EUR (8.8 billion USD) grew by 4.9%. The year’s combined ratio was 98.9%.
These figures demonstrate that the group is in line with the strategy it had devised in its “Strong Momentum” plan. Equity funds have reached 4.35 billion EUR (5.7 billion USD), exhibiting an increase of 11.6%, while return on equity amounts to 10.2%.