Scor reports net income of €111m in first quarter
French reinsurer Scor has reported a net income of €111m ($143m) for the first quarter of 2013, up 6.7% on the €104m recorded in the same period last year. Gross Written Premiums (GWP) were up 2.6% year on year to €2.39bn, with non-life GWP up 4% to €1.20bn. Life GWP rose 1.3% to €1.19bn. The operating result was up 12.9% year on year to €175m. The Q1 return on equity was 9.4%, compared with 9.7% in Q1 2012.
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