SCOR SE (SZCRF.PK), a French reinsurance company, reported Friday that its first-quarter Group net income fell 36.8 percent to 196 million euros from last year's 311 million euros.
Adjusted Group net income was 176 million euros in the quarter.
Insurance revenue, however, grew 4.8 percent to 4.11 billion euros from last year's 3.93 billion euros. Insurance revenue increased 6 percent at at constant exchange rates.
Gross written premiums increased 4.4 percent to 4.95 billion euros from 4.74 billion euros a year ago.
In the first quarter, P&C insurance revenue grew 2.6 percent from last year to 1.84 billion euros, and L&H insurance revenue went up 6.6 percent to 2.28 billion euros.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.