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Scor SE (SCRYY.PK)

SCRYY.PK on OTC Markets Group

4.20USD
18 Oct 2017
Change (% chg)

$0.04 (+0.96%)
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Latest Key Developments (Source: Significant Developments)

Scor continues to pursue "Vision in Action" following recent natural catastrophes
Tuesday, 26 Sep 2017 09:49am EDT 

Sept 26 (Reuters) - Scor SE ::SCOR CONTINUES TO PURSUE "VISION IN ACTION" FOLLOWING RECENT NATURAL CATASTROPHES.‍HURRICANES HARVEY AND IRMA ARE EXPECTED TO REPRESENT AN EARNINGS EVENT RATHER THAN A CAPITAL EVENT FOR SCOR IN Q3 OF 2017​.IMPACT OF HURRICANE MARIA IS CURRENTLY UNDER ASSESSMENT, BUT IS NOT EXPECTED TO CHANGE THESE PERSPECTIVES.DIVIDEND POLICY REMAINS UNCHANGED AND SHARE BUYBACK PROGRAM IS MAINTAINED.‍AT THIS STAGE GROUP'S SOLVENCY POSITION REMAINS STRONG AND WITHIN ITS OPTIMAL SOLVENCY RANGE​.SCOR DOES NOT EXPECT ITS FINANCIAL RATINGS TO BE AFFECTED..‍CAPITAL SHIELD STRATEGY PUT IN PLACE BY GROUP AS ONE OF ITS FOUR CORNERSTONES WILL PROTECT GROUP AS EXPECTED​.LIKELIHOOD OF CONTINGENT CAPITAL FACILITY BEING TRIGGERED IN 2017 IS EXTREMELY REMOTE.‍CAPITAL SHIELD WILL REMAIN EFFECTIVE TO PROTECT GROUP FROM OCCURRENCE OF FURTHER EVENTS IN 2017​.  Full Article

Scor announces not to invest in companies with more than 30% of total revenues in thermal coal
Wednesday, 6 Sep 2017 02:11am EDT 

Sept 6 (Reuters) - SCOR ::THE GROUP ANNOUNCES IT CURRENTLY HAS NO DIRECT INVESTMENT IN COMPANIES WITH THERMAL COAL REVENUES OF MORE THAN 30% OF TOTAL REVENUES.UNDERTAKES NOT TO MAKE NEW INVESTMENTS IN THESE COMPANIES IN THE FUTURE.  Full Article

Scor ‍says it is confident of achieving profitability and solvency targets over course of new plan​
Wednesday, 6 Sep 2017 01:20am EDT 

Sept 6 (Reuters) - SCOR SE : :‍CONFIDENT OF ACHIEVING PROFITABILITY AND SOLVENCY TARGETS OVER COURSE OF "VISION IN ACTION" PLAN​.  Full Article

Scor launches a share buy-back program for up to EUR 200 million
Thursday, 27 Jul 2017 01:20am EDT 

July 27 (Reuters) - SCOR SE ::SCOR LAUNCHES A SHARE BUY-BACK PROGRAM FOR UP TO EUR 200 MILLION.  Full Article

Scor H1 ‍net income of EUR 292 million, launches share buyback program​
Thursday, 27 Jul 2017 01:16am EDT 

July 27 (Reuters) - Scor : :H1 ‍NET INCOME OF EUR 292 MILLION​.‍ROBUST ESTIMATED SOLVENCY RATIO OF 226% AT 30 JUNE 2017​.H1 ANNUALIZED RETURN ON EQUITY AT 9.1‍​ PERCENT VERSUS 8.9 PERCENT YEAR AGO.SHARE BUY-BACK PROGRAM TO COMMENCE ON 27 JULY 2017, FOR AN AMOUNT OF UP TO EUR 200 MILLION OVER NEXT 24 MONTHS.COST RATIO DECREASES TO 4.9% OF PREMIUMS IN H1 2017, COMPARED TO 5.1% IN SAME PERIOD IN 2016.H1 P&C GROSS WRITTEN PREMIUMS EUR 3.12‍​ BILLION VERSUS EUR 2.80 BILLION YEAR AGO.H1 P&C NET COMBINED RATIO OF ‍​93.5 PERCENT VERSUS 93.8 PERCENT YEAR AGO.H1 LIFE GROSS WRITTEN PREMIUMS EUR ‍​4.40 BILLION VERSUS EUR 3.93 BILLION YEAR AGO.H1 GROSS WRITTEN PREMIUMS EUR ‍7.52​ BILLION VERSUS EUR 6.74 BILLION YEAR AGO.H1 OPERATING RESULTS EUR 462 MILLION VERSUS EUR 466 MILLION YEAR AGO.GLOBAL LIFE FULL-YEAR 2017 PREMIUM GROWTH IS EXPECTED TO NORMALIZE, IN LINE WITH "VISION IN ACTION" ANNUAL PREMIUM GROWTH ASSUMPTION.  Full Article

Scor acquires 100% of MutRé
Monday, 17 Jul 2017 02:29am EDT 

July 17 (Reuters) - Scor ::SCOR ANNOUNCES AN AGREEMENT WITH THE FNMF AND MATMUT TO ACQUIRE 100% OF MUTRÉ.RATIFICATION OF AGREEMENT BY MUTRÉ'S OTHER SHAREHOLDERS IS EXPECTED IN OCTOBER 2017.TRANSACTION WOULD BE FINALIZED IN EARLY JANUARY 2018.  Full Article

Scor Q1 net income down at 140 million euros
Thursday, 27 Apr 2017 02:26am EDT 

April 27 (Reuters) - Scor : :Q1 gross written premiums 3.74 billion euros ($4.08 billion) versus 3.28 billion euros year ago.Q1 P&C gross written premiums 1.56 billion euros versus 1.38 billion euros year ago.Q1 P&C combined ratio of 94.5 percent versus 89.7 percent year ago.Q1 net income 140 million euros versus 170 million euros year ago.Q1 operating results 206 million euros versus 283 million euros year ago.Q1 life gross written premiums 2.18 billion euros versus 1.91 billion euros year ago.Q1 annualized return on equity at 8.6 percent versus 11.2 percent year ago.Full-Year 2017 premium growth is expected to normalize, in line with the "vision in action" annual premium growth assumption.As at 31 March 2017, the expected financial cash flows over the next 24 months stand at 6.1 billion euros (including cash, coupons and redemptions).Scor reaffirms its ambition for share buybacks.Scor global investments continues to reinforce its ESG policy and announces its full divestment from tobacco companies.Undertakes across its entire invested assets portfolio to make no new financial investment in such companies in the future.  Full Article

Scor says excess capital decision could happen at any point in time - conf call
Wednesday, 22 Feb 2017 04:45am EST 

Scor SE : Says excess capital decision could happen at any point in time - conf call . Says nothing on the horizon regarding M&A - conf call Further company coverage: [SCOR.PA] (Gdynia Newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;)).  Full Article

Scor Q4 gross written premiums up 5.4 pct at 3.61 billion euros, raises dividend and plans share buyback
Wednesday, 22 Feb 2017 01:45am EST 

Scor SE : 2016 annual results: Scor records net income of 603 million euros, increases its dividend to 1.65 euros and envisages share buy-backs . Gross written premiums reach 13,826 million euros in 2016, up 5.3 pct at constant exchange rates compared to 2015 . Scor - could consider share buy-backs over next 24 months . Q4 gross written premiums 3.6 billion euros versus 3.43 billion euros year ago . Q4 gross written premiums 3.61 billion euros versus 3.43 billion euros year ago . Scor - SCOR is well on track to reach its strategic targets for "vision in action" . Q4 net income 165 million euros versus 150 million euros year ago . Scor's financial leverage stands at 24.4 pct at 31 December 2016 . Q4 P&C gross written premiums 1.40 billion euros versus 1.37 billion euros year ago . Q4 life gross written premiums 2.21 billion euros versus 2.06 billion euros year ago . 2016 net combined ratio of 93.1 percent versus 91.1 percent year ago . Estimated solvency ratio at 31 December 2016 stands at 225 pct compared to 211 pct at year-end 2015, above the optimal range of 185 pct - 220 pct as defined in “vision in action” plan .Scor to benefit from the foreseeable increase in interest rates in 2017.  Full Article

Scor Global P&C January renewals up 5.4 pct
Tuesday, 7 Feb 2017 11:45am EST 

Scor SE :Scor Global P&C shows 5.4% premium growth at January renewals at constant exchange rates, from 3.0 billion euros ($3.2 billion) to 3.2 billion euros.  Full Article

BRIEF-Scor estimates cost of Harvey, Irma and Maria hurricanes and Mexico earthquakes​

* SCOR - ‍ESTIMATES COST OF HARVEY, IRMA AND MARIA HURRICANES AND MEXICO EARTHQUAKES​