French Reinsurer SCOR Posts Quarterly Net Profit
NU Online News Service, May 18, 3:43 p.m. EDT?The French reinsurance giant SCOR reported 31.8 million euros ($37.8 million) for its first-quarter consolidated net income, compared with 31.4 million euros ($37.4 million) posted for the period in 2003.[@@]
Operating income for the quarter dropped substantially, to 29.4 million euros ($35 million), down from 60.9 million euros ($72.5 million) reported one year ago.
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