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Last updated : 15/09/2026 - 17h35
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SCOR Announces January 2026 P&C Renewals

SCOR has released a statement regarding its Property and Casualty (P&C) insurance renewals for January 2026.


SCOR Announces January 2026 P&C Renewals

Selective Growth Amid Competitive Pricing Pressure

In a context of competitive pricing pressure, SCOR recorded selective growth in its P&C portfolio during the January 2026 renewals. The group reported a 4.7% increase in traditional reinsurance Gross Premiums Written (GPW) and an 80.5% increase in Alternative Solutions. The insurer also anticipates a 2.0 percentage point increase in its net subscription ratio, related to the composition of its portfolio and its retrocession policy. The growth is driven by the P&C lines (+7.4%), particularly in Asia-Pacific and North America, while Specialty lines showed limited growth (+0.3%) in a more constrained pricing environment.

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Context

Period
  • Period: S1 2026
Key reported figures
  • Revenue: 7 439 millions d'euros
  • Quarterly revenue: 7 439 millions d'euros
  • Revenue growth: -5,6 %
  • Net income: 397 millions d'euros
  • Free cash flow: 325 millions d'euros
Risks mentioned
  • Recul des revenus d'assurance de 5,6 % au S1 2026, dont -8,6 % en L&H
  • Résultat des activités d'assurance L&H en baisse de 33,5 % à 157 M€
  • Cash-flow opérationnel en repli de 40,5 % à 325 M€
Opportunities identified
  • Croissance de l'EGPI de 3,2 % depuis le début de l'année
  • Valeur Économique en hausse de 10,5 % à hypothèses économiques constantes
  • CSM P&C sur nouvelles affaires de 978 M€, +4,6 % sur un an

The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.

Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.

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