Russia-Ukraine conflict pushes SCOR to reschedule investor day

The company noted: “SCOR’s Investor Day will be rescheduled to take place by the end of July 2022. A date will be announced as the situation becomes clearer.”

The reinsurance business also highlighted that it is ensuring the safety of all SCOR employees and their families in the region.

“Overall, SCOR’s exposure to Russia and Ukraine is limited,” stated the firm. “The direct consequences of these events are expected to be limited, and will not impact the group’s fundamentals.

“The group is fully mobilised to pursue the execution of its strategic plan ‘Quantum Leap’, and to write the next chapters of SCOR’s story.”

SCOR, which has a reinsurance subsidiary in Moscow, is the fourth biggest reinsurer in the world.