Becoming a possible target in a rich industry contemplating consolidations is good news for shareholders and seemingly less so for Scor’s management. The insurer has a healthy in-force portfolio and is on the right track to achieve all its strategic targets. Its €7bn market is within reach for most of the bigger players and at 1.1x book this is not excessive. The odds are high that the ball has started rolling as Scor starts disclosing its hitherto lesser-known strengths.
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SCOR SE (SCR:PAR) | 0 0 (-0.2%) | Mkt Cap: 6,833m
- Published:
11 Sep 2018 -
Author:
Bassem Neifer -
Pages:
3
Becoming a possible target in a rich industry contemplating consolidations is good news for shareholders and seemingly less so for Scor’s management. The insurer has a healthy in-force portfolio and is on the right track to achieve all its strategic targets. Its €7bn market is within reach for most of the bigger players and at 1.1x book this is not excessive. The odds are high that the ball has started rolling as Scor starts disclosing its hitherto lesser-known strengths.