Report
Benoit Valleaux ...
  • Roland Pfaender,MBA,CFA,CCRA

SCOR : Operating trends in line

>The combined ratio was buoyed by a low Nat. Cat. cost, partly offset by man-made losses - Yesterday morning, Scor reported Q2 2018 net income which overshot forecasts, coming to € 96m (-37%), impacted by a one-off charge of € 62m for the restructuring planned due to the tax reform in the US. This exceptional charge is lower than the consensus estimate of € 96m, which explains the bulk of the gap between reported net income and the consensus (€ 69m).Premiums came...
Underlying
Scor SE

SCOR is a holding company. Through its subsidiaries, Co. is engaged mainly in reinsurance. Its customers are insurers and large corporations. Co. is engaged in life reinsurance through SCOR Global Life SE and non-life reinsurance through SCOR Global P&C SE. In the life reinsurance business, Co. offers reinsurance for individual and group life insurance, long-term care, substandard risks, critical illness and financing products. The non-life reinsurance business comprises traditional reinsurance business; Treaty, Business Solutions, and Specialty Lines. In addition, Co. through SCOR Global Investments SE, manages, directly or indirectly its global investment portfolio.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Benoit Valleaux

Roland Pfaender,MBA,CFA,CCRA

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