SCOR Acknowledges Arbitral Award Confirming Validity of Retrocession Agreements with Covéa
SCOR has acknowledged an arbitral award confirming the validity of retrocession agreements signed with Covéa in June 2021. The tribunal also ruled that Covéa should be compensated $488.3 million, resulting in a net impact on SCOR's second-quarter earnings for 2026 of approximately €50 million.
Topics: financial_impact legal reinsurance