--- title: "Is SCOR (ENXTPA:SCR) Undervalued After Its Japan Post Insurance Reinsurance Deal?" type: "News" locale: "en" url: "https://longbridge.com/en/news/292369928.md" description: "SCOR is viewed as potentially undervalued following a reinsurance deal with Japan Post Insurance. Analysts suggest a fair value of €33.92 against the current price of €31.88, citing strong demand for reinsurance due to climate risks and disciplined underwriting. However, investors should consider risks such as exposure to North American hurricanes and legal disputes with Covéa." datetime: "2026-07-11T04:58:08.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/292369928.md) - [en](https://longbridge.com/en/news/292369928.md) - [zh-HK](https://longbridge.com/zh-HK/news/292369928.md) --- # Is SCOR (ENXTPA:SCR) Undervalued After Its Japan Post Insurance Reinsurance Deal? SCOR (ENXTPA:SCR) is back in focus after Japan Post Insurance Co., Ltd. signed a Memorandum of Understanding to transfer underwriting risks from its Postal Life Insurance policies into a new shared reinsurance vehicle. See our latest analysis for SCOR. At a share price of €31.88, SCOR has posted a 13.05% year to date share price return, while its 1 year total shareholder return of 18.08% and 5 year total shareholder return of 75.25% point to momentum that has built over time despite some shorter term price softness. If this risk transfer agreement has you thinking about where else insurers and financials might be repositioning, it could be a good moment to scan 107 top founder-led companies The Japan Post Insurance agreement highlights SCOR’s role as a specialist partner in complex risk sharing, but a strong franchise and solid recent returns still leave a practical question for investors: how much of that strength is already in the price? ## Most Popular Narrative: 6% Undervalued With SCOR last closing at €31.88 versus a narrative fair value of €33.92, the current pricing sits slightly below what analyst assumptions imply. > _SCOR is actively positioned to benefit from heightened demand for reinsurance fueled by the increasing frequency of climate-related catastrophes and continued global volatility. This ongoing structural demand supports premium growth and resilient top-line revenue expansion. The company's disciplined underwriting, strategic shift towards more profitable and diversifying lines, and consistently strong attritional loss ratio indicate it is leveraging data-driven risk selection and capitalizing on technology adoption, which may translate into sustained changes in net margins and underwriting profitability._ Read the complete narrative. To understand what sits behind that confidence in SCOR, note that the revenue profile, the margin reset and the earnings multiple all pull in different directions. **Result: Fair Value of €33.92 (UNDERVALUED)** Have a read of the narrative in full and understand what's behind the forecasts. However, SCOR's higher exposure to North American hurricanes and the ongoing legal disputes with Covéa could quickly test the confidence behind this undervalued narrative. Find out about the key risks to this SCOR narrative. ## Next Steps Given the mix of optimism and concern around SCOR, it makes sense to move quickly, review the underlying data, and compare both sides of the story using the 3 key rewards and 2 important warning signs ## Looking for more investment ideas beyond SCOR? If SCOR has sharpened your interest, do not stop here. Use these focused stock ideas to stress test your portfolio and avoid missing potential opportunities. - Strengthen your core holdings by reviewing companies screened for resilience and stability through the 296 resilient stocks with low risk scores. - Look for quality at a reasonable price with the value focused ideas surfaced in the 211 high quality undervalued stocks. - Target durable income streams by scanning companies highlighted as potential income anchors in the 471 dividend fortresses. _This article by Simply Wall St is general in nature. **We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice.** It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned._ ### **New:** Manage All Your Stock Portfolios in One Place We've created the **ultimate portfolio companion** for stock investors, **and it's free.** • Connect an unlimited number of Portfolios and see your total in one currency • Be alerted to new Warning Signs or Risks via email or mobile • Track the Fair Value of your stocks Try a Demo Portfolio for Free ### Related Stocks - [7181.JP](https://longbridge.com/en/quote/7181.JP.md) ## Related News & Research - [Japan Post Insurance, SCOR sign MoU on life policy risk transfer, reinsurance vehicle investment](https://longbridge.com/en/news/292282065.md) - [12:54 ETHAI Group Named 2026 Public and Affordable Housing Insurance Service Company of the Year](https://longbridge.com/en/news/296254889.md) - [Mitsubishi UFJ Asset Management Co. Ltd. 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