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SCOR delivers strong results in Q1 2020 with a net income of EUR 162millionSCOR Q1 2020 results April 29, 2020
SCOR delivers strong results in
Q1 2020 with a net income of
Numbers presented throughout this report 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 presentation might contain immaterial differences in sums and percentages d ue to rounding. Unless otherwise
specified, the sources for the business ranking and market positions are internal.
Forward looking statements:
This presentation includes forward- looking statements and information about the objectives of SCOR, in particular, relating to i ts current or future projects. These
statements are sometimes identified by the use of the future tense or conditional mode, as well as terms such as “estimate”, “believe”, “have the objective of”, “intend
to”, “expect”, “result in”, “should” and other similar expressions. It should be noted that the achievement of these objectiv es and forward looking statements is
dependent on the circumstances and facts that arise in the future. Forward- looking statements and information about objectives m ay be affected by known and
unknown risks, uncertainties and other factors that may significantly alter the future results, performance and accomplishments planned or expected by SCOR, and
in particular by the potential impact of the Covid- 19 crisis which cannot be accurately assessed at this stage given the high uncertainty related to the magnitude and
duration of the Covid- 19 pandemic, and to the possible effects of future governmental actions. Information regarding risks and uncertainties that may affect SCOR’s
business is set forth in the 2019 reference document filed on March 13, 2020, under number D.20- 0127 with the French Autorité des marchés financiers (AMF)
posted on SCOR’s website www.scor.com.In addition, such forward- looking statements are not “profit forecasts” within the meaning of Article 1 of Commission Delegated Regulation (EU) 2019/980.
Financial information:The Group’s financial information contained in this presentation 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 book value per share, return on investments, return on invested assets, Group cost ratio, return on equity, combined ratio
and life technical margin) are detailed in the Appendices of this presentation (see page 21).The financial information for the first quarter of 2020 included in the presentation is unaudited. Unless otherwise specified, all figures are presented in Euros.
Any figures for a period subsequent to March 31, 2020 should not be taken as a forecast of the expected financials for these periods.Disclaimer
2Agenda: SCOR’s Q1 2020 results
2SCOR delivers strong results in Q1 2020
3In Q1 2020, SCOR successfully combines disciplined growth, strong profitability and
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