French reinsurer SCOR has announced the appointment of longstanding retrocession and third-party capital partnerships executive Benoît Liot as Head of Risk Partnerships.
SCOR has highlighted the relevance of this appointment as “an important step toward delivering on its Forward 2026 strategic plan.”
In order to cater to its expanding clients’ risk transfer needs, SCOR has been leveraging the continued development of insurance-linked securities (ILS) to move from a pure “risk carrier” to a “risk partner” business model over the last five years.
SCOR has recently entered into new risk partnerships with several large institutional investors to offer additional capacity to our clients.
According to the reinsurer, the capacity sourced from these partnerships will ensure that its clients’ increasing demand for risk transfer solutions can be supported, while risk partners benefit from an uncorrelated investment opportunity backed by SCOR’s trusted expertise
This also enables risk partners to diversify their risks across Property and casualty (P&C) and Life & Health (L&H) lines.
Under SCOR’s Forward 2026 strategic plan, the existing P&C and L&H retrocession teams will be centralised under Liot’s leadership to ensure the successful development of Risk Partnerships, the reinsurer stated.
Liot is taking over the Head of Risk Partnerships role following over three years as Chief Retrocession Officer at the reinsurer. In that position, he has been leading on all ILS, catastrophe bond and sidecar issuances for SCOR Global P&C.
He joined SCOR in 2016 as a Retrocession Senior Account Manager, where he was in charge of ILS issuance of SCOR Global P&C, as well as responsible for internal retrocession (structuration, pricing) between SCOR Global P&C entities.
Prior to joining SCOR, Liot spent over two years at AXA Investment Managers as an Analyst in the ILS portfolio management team.
Before AXA, he worked at PartnerRe in catastrophe underwriting, modelling and capital roles for almost five years. The executive also spent over two years as a Cat Modeller for Paris Re.
