SCOR unveils its strategic plan for 2016-2019

SCOR has unveiled its new roadmap for the years 2016 to 2019.
Called "Vision in Action", the new three-year plan is targeting an annual organic growth in gross premiums of 4 to 7% for the whole group: from 3 to 8% in non-life insurance and between 5 and 6% in life.

The French reinsurer has also assigned two objectives:

• return on equity higher than or equal to 800 basis points over the risk-free rate in five years.
• a solvency ratio between 185% and 220%.

"Vision in Action" has come after five successive strategic plans:

• «Optimal Dynamics»: 2013-2016
• «Strong Momentum»: 2010-2013
• «Dynamic Lift»: 2007-2010
• «Moving Forward»: 2004-2007
• «Back on Track»: 2002-2004

Read also:

• SCOR, success of the «Optimal Dynamics» plan