0817 GMT - Scor's quarterly result should reassure investors that management is on the path to delivering on the targets it has set out, Keefe, Bruyette & Woods says in a research note. "This could have positive implications on the group's cost of equity in the near term," analyst Darius Satkauskas writes. The French reinsurer posted a comfortable net profit beat, with a better undiscounted combined ratio and insurance service result. Shares, which have done well in the past month, rise 5% to 27.9 euros, taking its year-to-date gains to 18%. (elena.vardon@wsj.com)
(END) Dow Jones Newswires
May 07, 2025 04:17 ET (08:17 GMT)
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