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Investor pressures SCOR on Covéa takeover
Insurance
An activist investment fund is putting pressure on French reinsurer SCOR’s management after it rejected a friendly €8.2 billion takeover offer by French cooperative insurer Covéa in late August 2018, according to a Reuters report.   20 September 2018
SCOR posts solid results; growth in both P/C and life
News
SCOR enjoyed a return to profit in both the third quarter of this year and the first nine months of 2018 while growth was also solid in all parts of the business.   24 October 2018
SCOR tackles profit challenge by adding value in China/India
Insurance
While China and India promise great growth potential, profitable business for reinsurers is hard to come by—the key is to offer cedants added value and additional services, Jean-Paul Conoscente, CEO of SCOR’s P&C reinsurance business unit globally, told SIRC Today.   29 October 2018
News
Size is an increasingly important factor in the success of reinsurance businesses, according to SCOR, and the pressure remains on smaller players to merge.   27 July 2018
Insurance
SCOR Global Life, the international life and health subsidiary of French reinsurer SCOR, has partnered with wearable technology provider Garmin Health in Asia Pacific to improve its underwriting.   18 February 2019
Insurance
The highest portion of anticipated insured losses from the event is expected in Germany.   20 July 2021
News
French reinsurer SCOR has improved its combined ratio and increased profits in the first three months of 2018.   26 April 2018
article
The new hire has 20 years of experience including board roles at States Title and B3i Services.   14 January 2021
Insurance
The procedure and the methods used by Covéa CEO Thierry Derez and Covéa to take over SCOR as well as their renewed expressions of interest after the bid has been rejected, “can only be considered as hostile and unfriendly, and are significantly disrupting the functioning of the company,” SCOR said in a corporate statement while insisting that Derez should resign from SCOR’s board.   28 September 2018
Alternative Risk Transfer
SCOR has become the first reinsurer to use the new UK ILS regime to issue a catastrophe bond.   1 June 2018

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