SCOR: results as of June 30, 2025

After recording a net loss of 112 million EUR (120 million USD) in the first half of 2024, SCOR returned to profit on June 30, 2025. At that date, net income reached 425 million EUR (498 million USD).

The French group's total insurance revenue amounted to 7.883 billion EUR (9.2 billion USD), down 3.8% year-on-year. Gross written premiums (IFRS 4) declined by 4.6% to 9.569 billion EUR (6.5 billion USD).

Economic value (equity + contractual service margin “CSM”) increased by 0.5% to 8.469 billion EUR (9.9 billion USD).

The estimated solvency ratio of 210% is within the optimal range of 185%-220%.

The non-life (P&C) business ended the first half of 2025 with insurance income of 3.692 billion EUR (4.3 billion USD), down 4.6% compared to the same period in 2024. At 446 million EUR (522.5 million USD), the result from insurance activities grew by 16.6% year-on-year.

The P&C combined ratio improved by 3.3 points to 83.7%, compared with 87% at the end of June 2024.

At 4.191 billion EUR (4.9 billion USD), insurance income from life and health (L&H) business was down 3.2% year-on-year. During the period under review, the result from insurance activities was positive at 236 million EUR (276.5 million USD), compared with a negative result a year earlier.