CIAM slams SCOR’s Quantum Leap strategy in renewed criticism

30-09-2019

Activist investor CIAM has criticised SCOR’s Quantum Leap strategy, launched in early September, as “nothing innovative”, claiming it “mainly relies on new accounting standards (IFRS17) to revalue the reinsurer by 2021, without significant intrinsic value creation”.


CIAM, SCOR, IFRS17, Reinsurance, Insurance, Catherine Berjal, Europe

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