SCOR : Good net income expected in Q4, dividend payment still uncertain
>Revenue growth in P&C - Scor is due to report its Q4 2022 results on 2 March. It is also expected to provide details of its renewals at 1 January on 7 February. We anticipate premiums of € 5.035bn (+10.6% vs Q4 2021), just ahead of the consensus (€ 4.896bn), with strong growth in P&C (+16.1%) and much more modest growth in life reinsurance (+5.4%) despite a favourable forex impact. To recap, we anticipate a sharp slowdown in premium growth this year, despite price in...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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