SCOR : New strategic plan underpins group’s favourable prospects
>Credible targets out to 2026 - Scor yesterday presented, under the aegis of the new CEO, its new strategic plan out to 2026 called Forward 2026. The group has two goals of equal importance over the duration of the plan: 1/ a growth rate for the group’s economic value (= shareholder’s equity + CSM net of tax) of 9% p.a. at constant interest rates and forex, 2/ a solvency ratio of between 185% and 220% (target unchanged). To achieve these targets, Scor anticipates, 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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