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SCOR SE

SCOR SE, together with its subsidiaries, provides life and non-life reinsurance products in Europe, the Middle East, Africa, the Americas, Latin America, and the Asia Pacific. It operates in two segments, SCOR P&C and SCOR L&H. The SCOR P&C segment offers reinsurance products in the areas of property, motors, casualty treaties, credit and surety, decennial insurance, aviation, marine and energy, engineering, cyber agricultural risks, and binders and facilities; It also provides business solutions including corporate risk insurance, as well as specialist lines, such as Political and Credit risk and Environmental Liability; and binders and facilities. The SCOR L&H segment provides life reinsurance products, such as protection for mortality, morbidity, behavioral risks, disability, long-term care, critical illness, medical, and personal accident. This segment also provides financial solutions that combine traditional life reinsurance with financial components and provide liquidity, balance sheet, solvency, and income improvements to clients; and longevity solutions that include products covering the risk of negative deviation from expected results due to the insured or annuitant living longer than assumed in the pricing of insurance covers provided by insurers or pension funds. The company is involved in the asset management business. SCOR SE was incorporated in 1956 and is headquartered in Paris, France.

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SCR.PA2

Japan Post Insurance and Scor sign MoU on reinsurance vehicle

Japan Post Insurance and French reinsurer Scor have signed a memorandum of understanding on ceding underwriting risks linked to postal life insurance policies. Under the agreement, Scor will establish, invest in and operate a reinsurance vehicle that will assume underwriting risks held by both companies, providing risk diversification benefits. Japan Post Insurance will also invest in the vehicle to support its financial soundness. The parties plan to continue discussions on transaction details, with completion subject to final agreement and regulatory approvals.
Life Insurance International·47dRead more ▾
SCR.PA2

SCOR acknowledges arbitration award confirming validity of Covéa retrocession treaties

SCOR has acknowledged an arbitration award confirming the validity of retrocession treaties entered into with Covéa in June 2021. The treaties transfer 30% of the Life & Health portfolio held by SCOR's Irish entities as at December 31, 2020 to Covéa. The arbitration tribunal also awarded compensation to Covéa of USD 488.3 million. After taking into account provisions, the impact on SCOR's net results at Q2 2026 will be approximately EUR 50 million, with no negative impact on SCOR's solvency ratio and liquidity position. SCOR remains focused on executing the final year of its Forward 2026 plan.
SCOR·62dRead more ▾