Scor: 'powering ahead'
(CercleFinance.com) - At its annual investor day in Paris, the Scor's executive board said that it is well on track to achieve its targets and estimates over the remaining duration of the Strategic Vision in Action plan.
The reinsurance group targets an attractive return on equity that is over 800 basis points above the five year risk-free rate during cycles, and an optimum solvency ratio of between 185% and 220% of the solvency capital required according to its internal model.
Scor has confirmed its estimates in the plan - both for growth and technical profitability. In all, it expects growth of between 5% and 7% over its duration and will continue the coherent implementation of its shareholder remuneration policy.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
The reinsurance group targets an attractive return on equity that is over 800 basis points above the five year risk-free rate during cycles, and an optimum solvency ratio of between 185% and 220% of the solvency capital required according to its internal model.
Scor has confirmed its estimates in the plan - both for growth and technical profitability. In all, it expects growth of between 5% and 7% over its duration and will continue the coherent implementation of its shareholder remuneration policy.
Copyright (c) 2018 CercleFinance.com. All rights reserved.