Reinsurance News
SCOR news
News on one of the world’s largest reinsurance companies, France headquartered SCOR.
SCOR is one of the leading global reinsurance company’s and our news covers SCOR’s news announcements, people moves, results and financial performance, as well as analysis of reinsurance market trends and interviews.
Fitch Ratings turns positive on SCOR
15th October 2025
Fitch Ratings, a credit rating agency, has revised the outlooks of French reinsurer SCOR and its core operating subsidiaries to positive from stable. This reflects Fitch's expectation that SCOR's earnings will improve, particularly in life and health (L&H), due to the group's portfolio actions aimed at restoring profitability, which was ... Read the full article
Aktia Life Insurance launches SCOR’s Velogica in Finland
2nd October 2025
SCOR Digital Solutions has announced the launch of Velogica, its cloud-based automated underwriting solution, with its strategic partner Aktia Life Insurance in Finland. Built on SCOR’s proprietary risk expertise and powered by dynamic questionnaires, predictive models, and a robust rules engine, Velogica delivers real-time, data-driven decisions across the Life & Health ... Read the full article
SCOR sees more opportunities than risks from AI: CEO Thierry Léger
7th September 2025
During the 2025 Rendez-Vous de Septembre (RVS) in Monte Carlo, Thierry Léger, Group CEO of SCOR, stated that the company clearly sees more opportunities than risks from artificial intelligence (AI), noting that it provides a real opportunity to supercharge its business model. Léger emphasised that AI is going to create opportunities ... Read the full article
SCOR places €500m subordinated notes set to mature in 2055
3rd September 2025
French reinsurer SCOR has successfully placed €500 million Fixed to Floating Rate Subordinated Notes with institutional investors, which mature on September 10, 2055, and are eligible as Tier 2 regulatory capital under Solvency II. The notes are rated A- by S&P Global Ratings Europe Limited, and SCOR explained that the transaction ... Read the full article
European ‘Big Four’ maintain property cat appetite in 2025: AM Best
29th August 2025
The European “Big Four” reinsurers—Swiss Re, Munich Re, Hannover Re and SCOR—still have appetite for property catastrophe, despite market conditions beginning to show signs of softening, according to a recent AM Best report. The ratings agency noted that this appetite comes after a period of portfolio right-sizing, higher attachment points, and ... Read the full article
SCOR’s Singapore branch to transfer entire business to SCOR Re Asia-Pacific
26th August 2025
French re/insurer SCOR is seeking to restructure its legal entity framework in the Asia Pacific region to create a more agile and efficient organisation. This aligns with the company's strategic plan, as it aims to align services to further enhance the delivery of high-quality client support. Through this, the SCOR says that ... Read the full article
SCOR/Covéa arbitration on retrocession treaties stays on track
15th August 2025
SCOR has confirmed that the arbitration tribunal overseeing its dispute with Covéa over June 2021 retrocession treaties will keep to the original timetable, with a final ruling expected in 2026. Providing some background, in 2022, SCOR filed an arbitration seeking the execution of the retrocession treaties signed with Covéa in June ... Read the full article
SCOR launches second Ecological Restoration Insurance Solution Product: ‘Manage’
13th August 2025
SCOR has launched 'Manage', the second product in its Ecological Restoration Insurance Solution, which Harmender Singh Kalirai, Chief Transaction Officer at SCOR P&C, described as "the next evolution of the Solution." The Manage product was announced by Jean-Paul Conoscente, CEO of SCOR P&C, during his welcome speech at the inaugural SCOR ... Read the full article
SCOR preparing for competitive reinsurance environment to persist & intensify into Jan 1
31st July 2025
Thierry Léger, Chief Executive Officer (CEO) of SCOR, one of Europe's big four reinsurers, said this morning that although there's not been an influx of new entrants in the reinsurance market, competition was high at the mid-year renewals and could be even more competitive at January 1st, 2026. Addressing the media ... Read the full article
SCOR’s net income hits EUR 226m in Q2’25 with improved 82.5% CoR
31st July 2025
French reinsurer SCOR has announced its financial results for the second quarter of 2025, reporting a rise in net income to EUR 226 million, reversing the loss of EUR 308 million recorded in the second quarter of 2024. This improvement was driven by strong performance across all business activities, including an ... Read the full article
2024 second consecutive year of ‘very strong’ P&C results for large global reinsurers: Fitch
11th July 2025
According to a new peer group credit analysis, sustained underwriting results and investment income made 2024 the second consecutive year of "very strong" property and casualty (P&C) financial performance in a prolonged favourable market. The insurers in this peer group are some of the largest in the industry, including Hannover ... Read the full article
SCOR appoints Gilles Nansenet as Global Account Executive
30th June 2025
French reinsurer SCOR has announced the appointment of Gilles Nansenet as Global Account Executive within its Global Client Unit in Paris. Nansenet brings 35 years of experience in the property and casualty reinsurance industry. He joins SCOR after two decades at AXA XL Re, where he most recently served as Market ... Read the full article
SCOR bridging the funding gap for ecological restoration projects: Harmender Singh Kalirai
23rd June 2025
In an interview with Reinsurance News, Harmender Singh Kalirai, Chief Transaction Officer at SCOR P&C, discussed SCOR’s new Ecological Restoration Insurance Solution and how it aims to bridge the gap between the need and the desire to finance ecological restoration projects by de-risking the opportunity to attract greater investment. Harmender explained ... Read the full article
SCOR unveils NatReCo Initiative to drive nature-positive re/insurance solutions
11th June 2025
SCOR has launched the NatReCo Initiative to offer clients re/insurance solutions supporting nature-positive projects that address societal challenges such as climate change, health and wellbeing, food and water security, sustainable agriculture, and natural catastrophe risk. The French reinsurer suggested that it strives to optimise its impact on nature and people by ... Read the full article
Europe’s big four reinsurers still on track to meet ‘ambitious’ 2025 targets, says Fitch
20th May 2025
Although the property and casualty (P&C) operations of reinsurers Munich Re, Swiss Re, Hannover Re, and SCOR were hit by elevated large loss costs in the first quarter of 2025, driven by the historic Los Angeles wildfires, analysts at Fitch Ratings feel the four companies are still on track to ... Read the full article
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