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Scor Q3 third quarter net income drops 71%

Scor, the French (re)insurance giant, saw its third quarter net income drop by 71% after asset writedowns took their toll on the company.

In the third quarter, Scor's net income dropped to €38m from €135m in the same period of 2007. In the nine months to end-September, net income dropped to €280m from €356m a year earlier.

The group said

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Paul Morden, Munich Re

Paul Morden, CEO of Munich Re UK’s branch is responsible for shaping and delivering reinsurance strategy across the UK and Ireland.

Jason Richards, Swiss Re

As CEO for UK & Ireland at Swiss Re, Jason Richards sits at the centre of one of the most influential reinsurance platforms in the London market, shaping how insurers respond to an increasingly volatile and complex risk environment.

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