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United States

Scor SE (SCOR.PA)

SCOR.PA on Paris Stock Exchange

35.68EUR
17 Aug 2018
Change (% chg)

€1.72 (+5.06%)
Prev Close
€33.96
Open
€34.10
Day's High
€35.97
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€34.06
Volume
1,055,938
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428,494
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€36.89
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€30.84

Latest Key Developments (Source: Significant Developments)

Scor Successfully Sponsors A New Catastrophe Bond
Friday, 1 Jun 2018 02:01am EDT 

June 1 (Reuters) - SCOR SE ::REG-SCOR SUCCESSFULLY SPONSORS A NEW CATASTROPHE BOND, ATLAS CAPITAL UK 2018.CATASTROPHE BOND WILL PROVIDE GROUP WITH MULTI-YEAR RISK TRANSFER CAPACITY OF USD 300 MILLION.BOND TO PROTECT AGAINST NAMED STORMS IN US, EARTHQUAKES IN US AND CANADA, AND WINDSTORMS IN EUROPE..RISK PERIOD FOR ATLAS CAPITAL UK 2018 WILL RUN FROM JUNE 1, 2018, TO MAY 31, 2022..  Full Article

Scor Places USD 625 Million Deeply Subordinated Tier 1 Issuance
Wednesday, 7 Mar 2018 02:13am EST 

March 7 (Reuters) - SCOR SE :ANNOUNCED ON TUESDAY PLACEMENT OF USD 625 MLN DEEPLY SUBORDINATED TIER 1 ISSUANCE.FIRST TRANSACTION FOR RESTRICTED TIER 1 INSTRUMENT WITH A PRINCIPAL WRITE-DOWN FEATURE IN USD.CONFIRMS INTENTION TO REDEEM CHF 315 MLN AND CHF 250 MLN UNDATED SUBORDINATED NOTE LINES, CALLABLE IN JUNE 2018 AND NOVEMBER 2018 RESPECTIVELY, USING PROCEEDS OF NEW INSTRUMENT.COUPON FOR NEW USD PLACEMENT SET AT 5.25%, UNTIL FIRST CALL DATE OF MARCH 13, 2029, AND RESETS EVERY 5 YEARS THEREAFTER AT PREVAILING 5-YEAR U.S. TREASURY YIELD PLUS 2.37% (NO STEP-UP).  Full Article

Scor FY Gross Written Premiums Up 8.6 pct at 14.79 Billion Euros
Thursday, 22 Feb 2018 01:13am EST 

Feb 22 (Reuters) - SCOR ::GROSS WRITTEN PREMIUMS REACH EUR 14,789 MILLION IN 2017, UP 8.6% AT CONSTANT EXCHANGE RATES COMPARED TO 2016.2017 GROUP COST RATIO IS STABLE AT 5.0% OF GROSS WRITTEN PREMIUMS.Q4 P&C GROSS WRITTEN PREMIUMS EUR 1.40‍​ BILLION VERSUS 1.41 BILLION YEAR AGO.‍PROPOSES A DIVIDEND OF EUR 1.65 PER SHARE FOR FY​.GROUP NET INCOME STANDS AT EUR 286 MILLION IN 2017,.SCOR'S FINANCIAL LEVERAGE STANDS AT 25.7% AT DECEMBER 31, 2017..SCOR'S SOLVENCY RATIO AT DECEMBER 31, 2017, STANDS AT 213%.Q4 LIFE GROSS WRITTEN PREMIUMS EUR 2.26‍​ BILLION VERSUS EUR 2.21 BILLION YEAR AGO.2017 NET COMBINED RATIO ‍​103.7 PERCENT VERSUS 93.1 PERCENT YEAR AGO.OVER LONG TERM EXPECTS TO BENEFIT FROM LOWER CORPORATE INCOME TAX RATES RECENTLY ENACTED WITHIN US AND FRANCE‍​.ON US TAX REFORM: ONE-TIME NON-CASH LOSS FOR SCOR AS ITS U.S. DEFERRED TAXES PREVIOUSLY MEASURED AT 35% WERE RE-MEASURED AT 21%.POTENTIAL BUSINESS STRUCTURES CURRENTLY UNDER CONSIDERATION MAY RESULT IN A DAY ONE, NON-RECURRING, TAX EXPENSE DURING 2018 OF APPROXIMATELY USD 0 TO USD 350 MILLION.POTENTIAL BUSINESS STRUCTURES CURRENTLY UNDER CONSIDERATION MAY RESULT IN A DECLINE IN SCOR'S 2017 YEAR-END SOLVENCY RATIO,.2017 YEAR-END SOLVENCY RATIO IS EXPECTED TO REMAIN ABOVE 200%.  Full Article

Scor Announces Reinsurance Renewal Premiums Up By 3.7 Percent At January 2018
Thursday, 8 Feb 2018 01:19am EST 

Feb 8 (Reuters) - Scor ::REG-SCOR : JANUARY 2018 P&C RENEWAL RESULTS.SCOR GREW P&C REINSURANCE RENEWAL PREMIUMS BY 3.7% AT CONSTANT EXCHANGE RATES AT JANUARY 2018 RENEWALS.SCOR GREW P&C REINSURANCE RENEWAL PREMIUMS FROM EUR 3.0 BILLION TO EUR 3.1 BILLION.APPROXIMATELY 69% OF SCOR'S P&C PREMIUMS RENEW IN JANUARY,.  Full Article

Scor Completes Acquisition Of MutRé
Wednesday, 3 Jan 2018 11:40am EST 

Jan 3 (Reuters) - SCOR SE ::REG-SCOR COMPLETES THE ACQUISITION OF MUTRÉ.  Full Article

Scor Q3 net income turns to loss of 267 million euros
Thursday, 26 Oct 2017 01:09am EDT 

Oct 26 (Reuters) - SCOR :‍ESTIMATED SOLVENCY RATIO STANDS AT APPROXIMATELY 213% AS AT 30 SEPTEMBER 2017​.Q3 GROSS WRITTEN PREMIUMS EUR ‍​3.6 BILLION VERSUS EUR 3.5 BILLION YEAR AGO.Q3 NET LOSS EUR ‍​267 MILLION VERSUS PROFIT OF EUR 163 MILLION YEAR AGO.‍Q3 IS MARKED BY AN EXCEPTIONAL SERIES OF LARGE NATURAL CATASTROPHES, WITH HURRICANES HARVEY, IRMA AND MARIA AND EARTHQUAKES IN MEXICO LEADING TO A COST OF EUR 430 MILLION NET OF RETROCESSION AND TAX.Q3 P&C COMBINED RATIO OF ‍​136.7 PERCENT VERSUS 91.4 PERCENT YEAR AGO.  Full Article

Scor Investment Partners raises 500 million euros with the Scor Estate Loans III fund‍​
Thursday, 5 Oct 2017 04:56am EDT 

Oct 5 (Reuters) - SCOR ::SCOR INVESTMENT PARTNERS RAISES EUR 500 MILLION WITH THE SCOR ESTATE LOANS III FUND.‍​.  Full Article

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

RPT-French reinsurer Scor's net profit hit by U.S. tax reform in Q2

PARIS, July 26 French reinsurer Scor said its net profit in the second quarter of this year fell 37 percent to 96 million euros ($112.58 million) because of an accounting charge related to tax reforms in the United States.