- Scor reported a net income of €226 million for the second quarter, surpassing the estimate of €195.3 million and significantly improving from a loss of €308 million year-over-year.
- The solvency ratio stood at 210%, slightly below the estimate of 212.1%, but remains in the upper part of the optimal range of 185% to 220% and stable compared to the full year 2024.
- Insurance revenue came in at €3.82 billion, a 6.5% decrease year-over-year, and below the estimate of €3.98 billion.
- Gross written premiums totaled €4.66 billion, missing the estimate of €5.1 billion.
- Property and Casualty (P&C) gross written premiums were €3.82 billion.
- Life and Health (L&H) gross written premiums reached €2.41 billion, not meeting the estimates of €2.61 billion.
- The insurance service result was €358 million, surpassing the estimate of €345.5 million.
- Annualized Return on Equity (ROE) was 22.6%, a substantial turnaround from last year’s -23.7%.
- Market sentiment reflects positive outlooks with 12 buy recommendations, 6 holds, and no sell recommendations.
A look at SCOR SE Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 5 | |
| Growth | 2 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
SCOR SE, a reinsurance company offering a variety of insurance services globally, has a strong outlook according to Smartkarma Smart Scores. With a high Dividend score of 5, investors can expect good returns from dividends. Additionally, the company scores well in terms of Value and Momentum, indicating a favorable valuation and positive market performance. However, its Growth and Resilience scores are moderate, suggesting potential areas for improvement to drive future expansion and stability.
In summary, SCOR SE operates in various insurance sectors across multiple regions and also has real estate investments. The company’s strong Dividend and Value scores, coupled with respectable Momentum, position it well for the long term. While there is room for enhancing Growth and Resilience aspects, overall, SCOR SE presents a promising investment opportunity based on the Smartkarma Smart Scores analysis.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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