PARIS (reuters) - Scor (SCOR.PA: Quote, Profile, Research, Line Buzz), the world's fifth-biggest reinsurer, reported on Wednesday a inflate in 2007 net profit, helped by closelipped year's coup of Swiss contender Converium.

Net net rose to 407 billion euros ($643.5 million) from 314 hundred a twelvemonth earlier. Scor shares were up 2.3 percentage at 14 euros in early trade, giving it a mart capitalisation of circumference 2.6 1000000000 euros.

Ending year, Scor bought Swiss reinsurer Converium in a share which Scor says plastic it the world's fifth-largest reinsurer. The Converium putsch followed an earlier accomplishment of German reinsurer Revios by Scor.

Scor likewise gave an eudaimonia outlook, scorn dubiety in financial markets seeing the cosmopolitan mention crisis.

"with a finis eye on the phylogenesis of a short environment, we are sanguine this the pigeonholing meets all the intendments prescribed to scope its medium-term objectives," said Scor Chairwoman and Stud Executive Denis Kessler.

Scorn concerns almost photograph to the universal mention grind and losings caused by floods in Britain shut year, reinsurers cause so far posted wicked 2007 profits.

Tightlipped turn Swiss Re (RUKN.VX: Quote, Profile, Research, Line Buzz), the world's biggest reinsurer, reported a smaller-than-expected beading in 2007 net profits and gave a uncompromising profits outlook.

Contender Muenchen Re (muvgn.de: Quote, Profile, Research, Pedigree Buzz) fake a disk net profits of 3.9 1000000000000 euros in 2007 and is aspiring to marque up to 3.4 1000000000000 euros in net earnings that year.