SCOR : Q4 net income of € 208m, the group is to pay a dividend of € 1.40 a share
>Q4 net income beats expectations - Scor yesterday reported its 2022 results, with a loss € 301m for FY 2022, comprising a net income for Q4 of € 208m vs the consensus of € 168m and our forecast of € 185m. Premiums amounted to € 4.905bn in Q4, up 7.7% reported and 1.2% l-f-l (+4.9% in FY 2022), with a slowdown in Q4. L-f-l growth in Q4 came to 7.4% in P&C and -4.7% in life reinsurance. At the time of the renewals in P&C reinsurance on 1 January, the group showed a dec...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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