SCOR Syndicate announces financial results

All figures up

SCOR Syndicate announces financial results

Insurance News

By Terry Gangcuangco

The SCOR Syndicate has published its “strong” financial results for 2022.

In an emailed release, the Lloyd’s syndicate reported the following numbers:





Gross written premium

£306.2 million

£265.7 million

Underwriting profit

£20.4 million

£13.8 million

Total comprehensive income

£22.6 million

£14.1 million


“We have delivered another set of strong results building on the momentum from the past few years,” said Chris Beazley, chief executive of SCOR UK and the SCOR Syndicate. “This demonstrates the success of our strategy to diversify the business, to prioritise high-quality execution, and to deepen our integration into the wider SCOR Specialty Insurance business.

“SCOR’s syndicate platform continues to grow, reinforcing our position as a leading player in specialty insurance, which is enabling us to attract high-calibre talent to our team. We remain dedicated to growing sustainably and to leveraging our expertise and strong market presence to provide innovative and tailored solutions to our clients.

Operating in the open market and through portfolio-coverholders, the Lloyd’s syndicate was set up by global reinsurer SCOR to underwrite specialist insurance products.

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