SCOR SE Reports Strong Q1 2025 Financial Performance

SCOR SE (ADR) ( (SCRYY) ) has released its Q1 earnings. Here is a breakdown of the information SCOR SE (ADR) presented to its investors.

SCOR SE, a leading global reinsurer, provides a wide range of reinsurance and insurance solutions to manage risk, serving clients in over 150 countries. In the first quarter of 2025, SCOR SE reported a net income of EUR 200 million, driven by strong performance across all business segments. The company’s Property & Casualty (P&C) segment achieved a combined ratio of 85.0%, despite natural catastrophe events like the LA wildfires. The Life & Health (L&H) insurance service result was EUR 118 million, and investments yielded a regular income of 3.5%. The Group’s Economic Value rose to EUR 9.0 billion, reflecting a 6.8% increase, and the solvency ratio improved to 212%.

Key financial metrics for Q1 2025 include an annualized Return on Equity of 18.7% and a P&C insurance revenue of EUR 1,858 million. The P&C segment’s new business Contractual Service Margin (CSM) grew by 9.0%, while the L&H segment saw a 64.9% increase in its insurance service result. SCOR’s investment portfolio, valued at EUR 24.3 billion, maintained a high-quality fixed income composition with a return on invested assets of 3.8%.

During the April 2025 renewals, SCOR strategically expanded in preferred lines, achieving a 1.5% increase in Estimated Gross Premium Income (EGPI) and a significant 33.0% growth in the Alternative Solutions book. Despite a competitive market, SCOR’s diversified strategy helped mitigate a slight deterioration in net technical profitability.

Looking ahead, SCOR SE remains committed to its strategic growth in profitable and diversified lines, anticipating competitive pricing in upcoming renewals. The company expects its business mix to maintain attractive profitability, supported by its robust financial position and strategic initiatives.