SCOR : We forecast a loss of € 82m in Q1 2022
>The group has already communicated on a loss in Q1 - Scor is due to publish its Q1 2022 results on 6 May. Note that the group already indicated on 15 April that it will report a loss for Q1 2022, due notably to: 1/ a “high double-digit” charge in millions of euros, according to Scor, related to the Russia/Ukraine situation via policies for political risk insurance, credit/surety insurance and aviation insurance; 2/ a natural catastrophe cost that should significantly...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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