SCOR : A loss expected in Q3
>The consensus forecasts a loss of € 157m in Q3 - Scor is due to publish its Q3 2022 results on 9 November, when it is also expected to present its new three-year strategic plan. As we already indicated in our flash of 18 October, we forecast a loss of € 162m in Q3 2022. The consensus forecasts an average net loss of € 157m (median loss of € 138m), with estimates ranging from -€ 46m to -€ 369m. The expected loss should essentially result from an expected operating inc...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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