Scor: confident in its 'Vision in Action' targets.
(CercleFinance.com) - At its annual investor day in Paris, the Scor Executive Committee expressed its confidence in achieving the profitability and solvency targets set in its "Vision in Action" plan.
These two objectives include an attractive return on equity (ROE) that is over 800 basis points above the five year risk-free rate during the cycle, and an optimal solvency ratio of between 185% and 220% (SCR percentage).
Over the first half of 2017, the group's ROE was 841 basis points above the five year risk-free rate over the cycle and on 30 June 2017, the reinsurer's solvency ratio amounted to 226%.
Copyright (c) 2017 CercleFinance.com. All rights reserved.
These two objectives include an attractive return on equity (ROE) that is over 800 basis points above the five year risk-free rate during the cycle, and an optimal solvency ratio of between 185% and 220% (SCR percentage).
Over the first half of 2017, the group's ROE was 841 basis points above the five year risk-free rate over the cycle and on 30 June 2017, the reinsurer's solvency ratio amounted to 226%.
Copyright (c) 2017 CercleFinance.com. All rights reserved.