SCOR, a global reinsurance company, will change the investor day scheduled for March 29 to late July due to Russia’s invasion of Ukraine.
“Given the geopolitical situation and humanitarian and global implications of the war in Ukraine, SCOR has decided to postpone the investor day,” a group headquartered in Paris said in a statement. ,activity.
“SCOR’s Investor Day is scheduled to be held by the end of July 2022. The dates will be announced as soon as the situation becomes clear,” the company said.
The reinsurance business also emphasized ensuring the safety of all SCOR employees and their families in the area.
“Overall, SCOR’s exposure to Russia and Ukraine is limited,” the company said. “The direct impact of these events is expected to be limited and will not affect the fundamentals of the group.
“This group is fully mobilized to pursue the execution of the strategic plan’Quantum Leap’and write the next chapter of the SCOR story. “
With a reinsurance subsidiary in Moscow, SCOR is the fourth largest reinsurance company in the world.
Russia-Ukraine War Reschedule Investor Day
Source link Russia-Ukraine War Reschedule Investor Day