Scor: presents its new strategic plan for 2024-2026
(CercleFinance.com) - At its 2023 Investor Day in Paris, Scor presents its new strategic plan for 2024-2026, Forward 2026.
Scor is set to accelerate value creation over the next three years
Forward 2026 sets two ambitious and equally weighted targets over the duration of the plan:
A financial target: an Economic Value growth rate of 9% per annum, at constant interest and foreign exchange rates.
A solvency target: a solvency ratio in the optimal 185% to 220% range. The Group aims to maintain a AA-level of security for its clients.
Sco continues its transformation and simplification, which will allow the Group to maintain flat total management expenses between 2023 and 2026, thanks to cost savings of EUR 150 million by the end of 2026.
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