SCOR SE
Company Profile
Business description
Scor is the world’s sixth-largest reinsurer, selling nonlife and life reinsurance. Scor global life insures life insurance and annuities. This means in its co-insurance agreements Scor shares in premiums and claims of life insurance contracts that have been sold by a primary insurer. In its excess of loss agreements, Scor reimburses a primary insurer for claims that are filed above an agreed amount. Scor also sells property and casualty reinsurance in coinsurance and excess of loss. Historically, Scor has been better in specialist lines and not as good in lines where there is a large potential for loss. Having recently grown in natural catastrophe, standards of underwriting have not been good. The business has subsequently decided to move back to less volatile lines.
Contact
5, avenue Kleber
Paris75116
FRAT: +33 158447000
Sector
Financial Services
Stock type
Cyclical
Industry
Insurance - Reinsurance
Fiscal Year End
31 December 2024
Employees
3,491
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