SCOR : Underlying trends remain solid
>Good commercial momentum - Yesterday morning, Scor published its 2018 results. Gross written premiums were € 15.3bn in 2018, up 3.2% on a reported basis and 7.1% l-f-l, with a l-f-l increase of 6.7% in P&C and 7.3% in life. Note that the group registered good renewals on 1 January 2019 (premium growth of 9.7% at constant forex, with an average price increase of 1.3%).Operating result affected by natural catastrophes - The 2018 operating result was € ...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.
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.
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