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The "Investor Day 2020" enabled SCOR's senior executives to take stock of the first year of the "Quantum Leap" plan. The Group has a strong balance sheet, good credit rating and optimal solvency.
Despite the global economic challenges, SCOR could well absorb the impact of the Covid-19 health crisis.
The current trend of P&C reinsurance foreshadows a growth of around 15% in gross premiums by 2021 and a combined ratio below 95%.
SCOR Global Life is expanding in Asia-Pacific and maintains its leading position in the EMEA region.
Life gross written premiums are expected to decrease by 1.6% with a net technical margin ranging from 5.5% to 6% for 2021.
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