Scor: Forward 2026 targets renewed
(CercleFinance.com) - In an update to its Forward 2026 plan, Scor has reiterated its main targets for 2025-2026, including a return on equity (ROE) assumption of over 12% per annum.
For the remainder of the plan, the reinsurer also confirms that it is targeting a group economic value growth rate of 9% p.a., assuming constant economic assumptions, as well as a solvency ratio in the optimal range of 185% to 220%.
In addition, Scor has accelerated the group's transformation and simplification initiatives, resulting in an expected cost reduction of E150m in 2025, almost a year ahead of the Forward 2026 plan.
Copyright (c) 2024 CercleFinance.com. All rights reserved.
For the remainder of the plan, the reinsurer also confirms that it is targeting a group economic value growth rate of 9% p.a., assuming constant economic assumptions, as well as a solvency ratio in the optimal range of 185% to 220%.
In addition, Scor has accelerated the group's transformation and simplification initiatives, resulting in an expected cost reduction of E150m in 2025, almost a year ahead of the Forward 2026 plan.
Copyright (c) 2024 CercleFinance.com. All rights reserved.