SCOR announces the launch of a new 3-year contingent capital facility. This takes the form of a contingent equity line, providing the Group with EUR 300 million coverage in case of extreme natural catastrophe or life events impacting mortality. The facility enables the Group to protect its solvency in case of catastrophe events and is consistent with the "Vision in Action" strategic plan.
This is the third contingent capital facility launched by SCOR - its first, pioneering solution was launched on January 1, 2011. This new solution is consistent with the previous facilities.
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Zbxyuwb: @MOUW_QF
This is the third contingent capital facility launched by SCOR - its first, pioneering solution was launched on January 1, 2011. This new solution is consistent with the previous facilities.
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Zbxyuwb: @MOUW_QF
