May 07, 2025 / 12:00PM GMT
Thomas Fossard - Scor SE - Head of Investor Relations
Good afternoon everyone and welcome to Scor Q1 2025 results conference call. My name is Thomas Fossard, Head of Investor Relations, and I'm joined today on the call by Thierry Leger, our Group CEO, and Francois de Varenne, Deputy CEO and Group CFO as well by other COMEX member. Can I please ask you to consider the disclaimer on page 2 of the presentation? And now I would like to hand over to Thierry. Thierry, over to you.
Thierry Leger - Scor SE - Chief Executive Officer
Thank you, Thomas. Hello, everyone, and thanks for joining the call. Let me start with a few key messages. I'm satisfied with the first quarter results. The performance of our three business activities has been strong, delivering EUR195 million of net income, an 18.3% ROE, and an economic value growth of 6.8%-plus at constant economics.
P&C performance was excellent in the first quarter on a reported and on a normalized basis. The combined ratio for Q1 2025 is at 85% ahead of our forward 2026 assumption of below 87%. This was
Q1 2025 Scor SE Earnings Call Transcript
May 07, 2025
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