• SCOR announces the publication of its interim financial report for the six months ended June 30, 2024

    Source: Nasdaq GlobeNewswire / 31 Jul 2024 12:35:37   America/Chicago

    Press release
    July 31, 2024 - N° 12

    SCOR announces the publication of its interim financial report for the six months ended June 30, 2024

    SCOR announces the public release and the filing with the Autorité des marchés financiers of its interim financial report for the six months ended June 30, 2024.

    The interim financial report for the six months ended June 30, 2024, is available in the “Regulated Information” section of the company's website at www.scor.com.

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    SCOR, a leading global reinsurer

     

    As a leading global reinsurer, SCOR offers its clients a diversified and innovative range of reinsurance and insurance solutions and services to control and manage risk. Applying “The Art & Science of Risk”, SCOR uses its industry-recognized expertise and cutting-edge financial solutions to serve its clients and contribute to the welfare and resilience of society.

     

    The Group generated premiums of EUR 19.4 billion in 2023 and serves clients in around 160 countries from its 35 offices worldwide.

     

    For more information, visit: www.scor.com

          		Media Relations
    Alexandre Garcia
    media@scor.com

     

     

    Investor Relations
    Thomas Fossard
    tfossard@scor.com

     

     

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    All content published by the SCOR group since January 1, 2024, is certified with Wiztrust. You can check the authenticity of this content at wiztrust.com.

    General  

    Numbers presented throughout this document may not add up precisely to the totals in the tables and text. Percentages and percent changes are calculated on complete figures (including decimals); therefore, the document might contain immaterial differences in sums and percentages due to rounding. Unless otherwise specified, the sources for the business ranking and market positions are internal. 

    Forward-looking statements 

    This document includes forward-looking statements, assumptions, and information about SCOR’s financial condition, results, business, strategy, plans and objectives, including in relation to SCOR’s current or future projects. 

    These statements are sometimes identified by the use of the future tense or conditional mode, or terms such as “estimate”, “believe”, “anticipate”, “expect”, “have the objective”, “intend to”, “plan”, “result in”, “should”, and other similar expressions.  

    It should be noted that the achievement of these objectives, forward-looking statements, assumptions and information is dependent on circumstances and facts that arise in the future.  

    No guarantee can be given regarding the achievement of these forward-looking statements, assumptions and information. These forward-looking statements, assumptions and information are not guarantees of future performance. Forward-looking statements, assumptions and information (including on objectives) may be impacted by known or unknown risks, identified or unidentified uncertainties and other factors that may significantly alter the future results, performance and accomplishments planned or expected by SCOR. 

    In particular, it should be noted that the full impact of the inflation and geopolitical risks on SCOR’s business and results cannot be accurately assessed.  

    Therefore, any assessments, any assumptions and, more generally, any figures presented in this document will necessarily be estimates based on evolving analyses, and encompass a wide range of theoretical hypotheses, which are highly evolutive. 

    Information regarding risks and uncertainties that may affect SCOR’s business is set forth in the 2023 Universal Registration Document filed on 20 March 2024, under number D.24-0142 with the French Autorité des marchés financiers (AMF) posted on SCOR’s website www.scor.com.

    In addition, such forward-looking statements, assumptions, and information are not “profit forecasts” within the meaning of Article 1 of Commission Delegated Regulation (EU) 2019/980. 

    SCOR has no intention and does not undertake to complete, update, revise or change these forward-looking statements, assumptions and information, whether as a result of new information, future events or otherwise. 

    Financial information 

    The Group’s financial information contained in this document is prepared on the basis of IFRS and interpretations issued and approved by the European Union. 

    Unless otherwise specified, prior-year balance sheet, income statement items and ratios have not been reclassified. 

    The calculation of financial ratios (such as return on invested assets, regular income yield, return on equity and combined ratio) is detailed in the Appendices of the presentation related to the financial results of Q2 2024 (see pages 33-68). 

    The financial results of the first semester of 2024 included in this document have been subject to the completion of a limited review by SCOR’s statutory auditors.  

    Unless otherwise specified, all figures are presented in Euros.  

    Any figures for a period subsequent to June 30, 2024 should not be taken as a forecast of the expected financials for these periods.  

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