Scor 3Q: Mundane Property and Casualty; Brighter Lights at Life
Scor reported net income of EUR 342 million for third-quarter 2018, slightly below what we think the business should have and is capable of achieving. While it’s not a particularly interesting set of quarterly results, we think there are a couple of items for investors to take note of. We maintain our EUR 38 fair value estimate, along with our narrow moat and stable moat trend ratings.From a technical results perspective, property and casualty performed broadly in line. There were some high nat...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
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