Press release
March 20, 2024 – No. 04
SCOR announces the publication of its
2023 Universal Registration Document
The SCOR group’s 2023 Universal Registration Document established in ESEF (European Single Electronic Format) was filed with the Financial Markets Authority (AMF) on March 20, 2024 under number D.24-0142.
This document is available on the company’s website at www.scor.com and on the AMF website www.amf-france.org. Copies of the 2023 Universal Registration Document are also available at SCOR headquarters:
5 avenue Kléber
75795 Paris Cedex 16
The following information is included in the 2023 Universal Registration Document:
the 2023 annual financial report;
the report of the board of directors on corporate governance; And
the description of the share buyback program.
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SCOR, a leading global reinsurer A leading global reinsurer, SCOR offers its clients an innovative and diversified range of reinsurance and insurance solutions and services for risk control and management. Faithful to its motto “The Art and Science of Risk”, the Group puts its recognized expertise within the sector and its cutting-edge financial solutions at the service of the well-being and resilience of populations. |
Press relations Alexandre Garcia [email protected] Investor Relations Find us on |
All content published by the SCOR group from January 1, 2024 is certified with Wiztrust. You can verify its authenticity on the website wiztrust.com. |
General
The 2023 universal registration document filed on March 20, 2024 under number D.24-0142 with the Financial Markets Authority (AMF) (the “Universal Registration Document”) is available on the SCOR website www .scor.com.
The figures presented in this Universal Registration Document may not correspond exactly to the totals in the tables and text. Percentages and percentage changes are calculated on full digits (including decimals); therefore, the Universal Registration Document may contain immaterial differences in sums and percentages due to rounding. Unless otherwise noted, sources for company rankings and market positions are internal.
Forward-looking statements
This Universal Registration Document contains statements, assumptions and forward-looking information about the financial position, results, activities, strategy, plans and objectives of SCOR, in particular with respect to SCOR’s current or future projects.
These statements are sometimes identified by the use of the future or conditional tense, as well as by terms such as “estimate”, “believe”, “anticipate”, “expect”, “aim to”, ” intend to”, “plan to”, “achieve”, “must” and other similar expressions.
Please note that the achievement of these objectives and forward-looking statements, assumptions and information depends on circumstances and events that occur in the future.
No guarantee can be given as to the achievement of these statements, assumptions and forward-looking information. These statements, assumptions, and forward-looking information are not guarantees of future performance. Forward-looking statements, assumptions and information (including targets) may be affected by known or unknown risks, identified or unidentified uncertainties and other factors that could materially change anticipated future results, performance and achievements. or expected by SCOR.
In particular, it should be noted that the impact of inflation and geopolitical risks such as the Russian invasion and the war in Ukraine on SCOR’s activities and results cannot be assessed with precision.
Consequently, all evaluations, all assumptions and, more generally, all figures presented in the Universal Registration Document are necessarily estimates based on evolving analyses, and include a wide range of theoretical hypotheses, which are very evolving .
These points of attention relating to forward-looking statements are all the more essential as the adoption of IFRS 17, which is a new accounting standard, leads to major accounting changes for SCOR.
The Universal Registration Document contains information relating to risks and uncertainties that could affect SCOR’s business.
Furthermore, these statements, assumptions and forward-looking information are not “profit forecasts” within the meaning of Article 1 of Commission Delegated Regulation (EU) 2019/980.
SCOR does not intend to, and under no circumstances undertakes to, supplement, update, update, review or change these statements, assumptions and forward-looking information, whether as a result of new information, future events, or for any other reason whatsoever.
financial informations
The Group’s financial information contained in this Universal Registration Document is prepared on the basis of IFRS and interpretations published and approved by the European Union.
Unless otherwise indicated, the elements of the balance sheet, the income statement and the ratios of the previous financial year have not been reclassified.
The calculation of financial ratios (such as economic value per share, rate of return on invested assets, current rate of return, management expense ratio, return on equity and combined ratio) is detailed in the Document universal registration, in particular in section 1.3.9.
The financial results for the financial year ending December 31, 2023 included in this Universal Registration Document have been audited by SCOR’s statutory auditors.
Unless otherwise stated, all figures are presented in euros. Unless otherwise stated, all figures are presented at constant exchange rates as of December 31, 2023.
Any figures for periods after December 31, 2023 should not be considered as a forecast of expected financial results for those periods.
The solvency ratio is not audited by SCOR’s auditors. The Group’s final solvency results are due to be filed with supervisory authorities by April 2024, and may differ from the estimates expressed or implied in the Universal Registration Document.
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