SCOR hires equity research analyst

French reinsurer SCOR has hired a former equity research analyst as its head of corporate strategy and corporate communications.

Brian Sheapreviously worked at Bank of America Merrill Lynch in London, where he was managing director and head of the European Insurance Equity Research team. He joins as chief corporate strategy officer, based in London.

Denis Kessler, chairman and chief executive of SCOR, said: “The whole SCOR group is particularly pleased to welcome Brian Shea, who will be in charge of the preparation and follow-up of the group’s strategy.

“In that capacity, he will also supervise corporate communications. His in-depth knowledge of the insurance and reinsurance industry, accumulated throughout his distinguished career, along with his recognised expertise, will contribute to the refinement of the SCOR group’s optimal strategy geared towards profitability and solvency. The entire management team joins me in wishing Brian a warm welcome to the group”.

Shea, 47, a dual US and British citizen, graduated with a BA in Economics and Mathematics from Bates College, Maine USA, and also holds an MBA from the London Business School in the UK. He began his career as a micro economic consultant in the US, before becoming a director and European Insurance Analyst at Salomon Smith Barney in London in 1993. In 2000 he moved to Bank of America Merrill Lynch.