SCOR, ahead of its targets
SCOR has presented an intermediate report ahead of its strategic plan "Optimal Dynamics" (2013-2016) targets.
The scheme, focused on growth, solvency and profitability, shows, at the end of the first half of 2014, results higher than forecasts with:
- a return on equity (ROE) exceeding the target of 1000 basis points above risk-free rate at three months
- a solvency ratio at 231% for 2014
- a dividend distribution rate at 44% in 2013.
For Denis Kessler, CEO of the group, SCOR "demonstrates [with those results] its adaptability to a difficult economic, regulatory and financial environment and carries on with the strenghtening of its position of world's top reinsurer.
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Thu, 11/09/2014 - 11:06
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