Scor likely to post $45 million net loss due to Brazilian drought

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Business Insurance - Jul 07, 2022

German investment banking firm Joh. Berenberg Gossler & Co. KG expects French reinsurer Scor SE to post a net loss of €43 million ($45 million) in the second quarter of the year, mostly driven by the losses resulting from drought in Brazil and due to its inaccurate assessment of catastrophe events....

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