0800 GMT - Scor's first-quarter results look strong at first take, and while there was a slightly weaker top line in property and casualty reinsurance, they didn't throw up any surprises, Citi says in a research note. The French reinsurer's strong underlying combined operating ratio was an impressive 85.0%, which should be very supportive along with the improved result in life and health reinsurance, analyst James A Shuck writes. Shares rise 5.5% to 28 euros, taking year-to-date gains to 18.5%. (elena.vardon@wsj.com)
(END) Dow Jones Newswires
May 07, 2025 04:00 ET (08:00 GMT)
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