SCOR

SCOR S.E. is a global reinsurer based in Paris, known for tailored risk solutions across key markets. In 2024, it wrote €9.9 billion in P&C reinsurance premiums across more than 150 countries.

History of SCOR S.E.

The firm began in 1970 with support from the French government as a national reinsurer. Its original name was Société Commerciale de Réassurance, which was later shortened to SCOR.

It has since grown into a tier 1 global reinsurer serving markets worldwide. Here are other important moments in its history:

• 1990: listed on the Paris Stock Exchange to support growth and visibility
• 1996: acquired Allstate’s reinsurance book and launched Asia-Pacific arm
• 2012: launched SCOR Corporate Foundation for Science to fund risk research
• 2013: bought Generali US and started its Optimal Dynamics strategy plan
• 2018: acquired MutRé and introduced Atlas Capital UK catastrophe model
• 2019: rolled out Quantum Leap, focused on tech and client value
• 2022: extended Quantum Leap strategy through global market challenges

SCOR S.E. recently took steps to streamline non-core parts of its business. In 2025, it sold publishing firm Humensis to the Albin Michel group.

Reinsurance products and services

SCOR S.E. offers a broad range of reinsurance solutions through both proportional and non-proportional treaty programs:

• property treaties: cover losses from fires, natural disasters, and business interruption events
• motor reinsurance: covers claims for vehicle damage and bodily injury from motor accidents
• casualty treaties: protect against claims in liability, product risk, and professional indemnity cases
• agriculture: offers reinsurance for crops and livestock with strong catastrophe modeling support
• aviation & space: reinsures airlines, space missions, and aerospace risks across global markets
• credit & surety: supports financial risks tied to credit, bonds, and political risk exposures
• engineering: provides reinsurance for construction, machinery, and large-scale infrastructure projects
• marine: reinsures shipping, cargo, and energy transport operations across fast-changing global routes
• inherent defects insurance (IDI): covers structural flaws in new buildings for long-term construction risks

SCOR’s teams work closely with clients to shape solutions that fit specific local market needs. They aim to stay consistent in pricing and capacity, even as market risks continue to change.

Culture and core values

SCOR S.E. encourages both teamwork and strong individual growth across its global reinsurance teams. The culture values career development, expertise, and performance with a focus on long-term success.

Workplace environment and benefits

SCOR promotes a workplace where ideas and insights are shared openly across a diverse, global team. It also offers benefits to employees, such as:

• learning and development: staff access SCOR University and tools like LinkedIn Learning and Speexx
• onboarding programs: tailored guidance helps new hires adapt quickly to SCOR’s ways of working
• well-being and inclusion: #WorkingWellTogether supports health, community ties, and workplace respect
• flexible work setup: hybrid policy includes three office days and two remote workdays each week
• long-term compensation: equity options connect rewards to corporate social responsibility goals
• benefits: coverage includes health, disability, retirement plans, holidays, and paid time off

The company backs internal career moves, fair pay, and healthy work-life balance for all employees.

Diversity, equity, and inclusion

The firm values fairness across hiring, growth, pay, and how people are treated at work. SCOR S.E. encourages respect, care, and action across teams, communities, and society:

• inclusive backgrounds: race, age, language, culture, gender
• equal treatment: hiring, reviews, pay, development
• zero discrimination: policy approved by SCOR’s Board in 2019

The firm works to build a workplace where everyone feels welcome and supported from day one.

Sustainability strategy

SCOR S.E. builds environmental and social goals into all areas of its operations. The Group’s governance system tracks ESG risks, actions, and long-term opportunities. Topics also link to reinsurance, investments, and the #WorkingWellTogether program.

SCOR S.E. reduced its carbon intensity per employee by 48 percent since 2019. It sources 73 percent of office electricity from renewable energy. It also favors green investments and continues divesting from coal.

The future at SCOR S.E.

A major strategy shift led to a stabilized credit rating from AM Best. The company updated its L&H strategy to focus more on longevity and financial solutions. Strong P&C results, smart risk transfers, and capital strength continue to support this shift.

It also continues to adjust its strategy to meet changing needs in global reinsurance markets. Recent gains in P&C reflect strong underwriting, better risk selection, and controlled catastrophe exposure. With all segments contributing to the success of SCOR S.E., the firm is focusing on solvency strength and reserve resilience.