Scor Group's gross written premiums (GWP) for 2002 totalled ¤5.02bn (£3.3bn), up 2.6% on 2001.

The group's retention rate was also up, at 89% compared to 84% in 2001.

A 56% surge in large corporate accounts brought the biggest increase in GWP by business line. This offset a 33% drop in credit and bond cover and a 41% slump in premium income from alternative risk transfer.

Property damage business accounts for 47.3% of total property and liability writings, compared to 42.3% in 2001.