Company Overview

SCOR SE is a global reinsurance company headquartered in France, providing risk coverage and capital solutions to insurance companies worldwide. The company operates primarily in the reinsurance industry, with a focus on property and casualty (P&C) and life and health (L&H) risks. Its core business involves assuming, managing, and diversifying insurance risks on behalf of primary insurers, enabling clients to enhance solvency, manage volatility, and support long-term growth.

SCOR generates revenue mainly through reinsurance premiums and investment income derived from managing assets backing its insurance liabilities. The group serves a broad range of insurance clients across mature and emerging markets, with a diversified portfolio designed to balance underwriting risk and capital efficiency. SCOR positions itself as a “tier-one” global reinsurer, emphasizing disciplined underwriting, strong risk management, and a long-term partnership approach. The company was founded in 1970 by the French state to strengthen the national reinsurance market and was later privatized, evolving into a globally diversified reinsurer listed on Euronext Paris.

Business Operations

SCOR’s operations are organized around two primary business segments: SCOR Global P&C and SCOR Global Life. SCOR Global P&C provides reinsurance solutions covering natural catastrophes, specialty lines, and casualty risks, while SCOR Global Life focuses on mortality, longevity, disability, and health-related risks. These segments generate revenue through reinsurance contracts structured on proportional and non-proportional bases, complemented by fees for capital and risk management solutions.

The group operates internationally through licensed subsidiaries, branches, and representative offices, allowing it to write business across multiple jurisdictions. SCOR also manages invested assets through SCOR Investment Partners, which oversees a diversified investment portfolio supporting insurance liabilities. The company does not rely heavily on joint ventures but maintains long-term client partnerships and selective strategic relationships to access specialized risks and regional markets.

Strategic Position & Investments

SCOR’s strategic direction emphasizes technical profitability, capital discipline, and resilience across underwriting cycles. Growth initiatives focus on selective expansion in specialty P&C lines, capital-light life reinsurance solutions, and enhanced analytics for risk selection. The company prioritizes balance sheet strength and has publicly emphasized underwriting discipline over volume-driven growth.

Investment strategy centers on high-quality, diversified fixed-income assets, with limited exposure to higher-risk alternatives. SCOR has periodically rebalanced or exited non-core investment activities to refocus on its core reinsurance franchise. Emerging areas of focus include climate risk modeling, biometric risk analytics, and data-driven underwriting capabilities, which are intended to strengthen long-term competitiveness rather than represent separate business lines.

Geographic Footprint

SCOR operates on a global basis, with its corporate headquarters in Paris, France, and a significant presence in Europe, North America, and Asia-Pacific. The company also maintains operations in Latin America, the Middle East, and Africa, allowing it to serve insurers in both developed and high-growth emerging markets.

This broad geographic footprint supports portfolio diversification and enables SCOR to participate in major global insurance markets while managing regional risk concentrations. Premiums are well distributed across continents, reducing reliance on any single market or regulatory environment and reinforcing the group’s global reinsurance positioning.

Leadership & Governance

SCOR follows a governance model aligned with European public company standards, combining an experienced executive management team with an independent board of directors. Leadership emphasizes risk discipline, long-term value creation, and adherence to regulatory and solvency requirements across jurisdictions.

Key executives include:

• Thierry Léger – Chief Executive Officer
• Olivier Buffon – Chief Financial Officer
• Jean-Paul Conoscente – Chief Executive Officer, SCOR Global P&C
• François de Varenne – Deputy Chief Executive Officer
• Antoine Mégret – Chief Executive Officer, SCOR Global Life

The board is chaired by Frédéric Lavenir, and overall leadership philosophy centers on maintaining SCOR’s status as a global, independent reinsurer with a strong capital base, conservative risk appetite, and consistent returns across economic cycles.