French reinsurer Scor has revealed plans for a 381m euros (£242m) stock issue in a bid to strengthen its balance sheet.
After losing 425m euros (£270m) in the first nine months of the year, the reinsurer is believed to be hoping for a successful issue.
The company's reputation has been hit by concern over several credit-rating downgrades. Concerns were also raised by analysts over the company's solvency and management.
Scor shares have fallen by over 80% this year.
