Core Viewpoint - SCOR is undergoing significant changes in its Executive Committee as it prepares for the final year of its Forward 2026 plan and the upcoming strategic cycle to be unveiled in December 2026 [2]. Executive Committee Changes - Philipp Rüede has been appointed as Group Chief Financial Officer, succeeding François de Varenne, who will transition to Senior Advisor to the CEO on 7 March 2026 [3]. - Pilar Santamaria Cases will become CEO of SCOR Life & Health and a member of the Group Executive Committee, effective 7 March 2026 [4]. - Laure Forgeron joined SCOR as P&C Global Chief Underwriting Officer on 5 January 2026 and will also be part of the Group Executive Committee [4]. Leadership Insights - Thierry Léger, CEO of SCOR, expressed confidence in Philipp Rüede's capabilities, highlighting his extensive knowledge in financial mechanisms crucial for the company's future strategic plan [5]. - Pilar Santamaria Cases brings over 25 years of experience in the life reinsurance sector, which is expected to aid in the transformation and profitability of the L&H business [6]. - Laure Forgeron has over 15 years of international experience in property and casualty reinsurance, tasked with driving the P&C underwriting and portfolio strategy [7]. Acknowledgments - The Board of Directors expressed gratitude to François de Varenne for his significant contributions to SCOR over the past two decades, particularly in finance [8]. - The new Executive Committee, effective 7 March 2026, will include key leaders such as Thierry Léger, Jean-Paul Conoscente, and others, reflecting a strengthened leadership team [9][10].

Press release8 January 2026 - N° 01 SCOR Global Reinsurance Ireland dac becomesSCOR Global Reinsurance France SA SCOR announces it has successfully completed the cross-border conversion of its Irish subsidiary SGRI (SCOR Global Reinsurance Ireland dac), which has become, on 8 January 2026, a French company named SGRF (SCOR Global Reinsurance France SA), supervised by the Autorité de contrôle prudentiel et de resolution (ACPR). All assets and liabilities of SGRI remain those of SGRF and there is no change ...

Core Insights - SCOR's Actuarial Awards recognize outstanding research in actuarial science across six countries, promoting the development of the field and enhancing risk knowledge and management [2][3][5] Group 1: Awards Overview - The SCOR Actuarial Awards have been held annually for nearly 30 years, rewarding the best research in actuarial science [1][2] - In 2025, awards were presented in France, Germany, Italy, Spain, Sweden, and Switzerland [3] Group 2: Award Winners - In Switzerland, Dr. Ivan Alexis Fonseca Diaz won for his doctoral thesis on optimal social security systems in the context of climate change [6] - In Sweden, Erik Alpsten received the award for his Master's thesis on fair dynamic valuation of insurance liabilities [6] - In Spain, Maria José Preciado Leyva won for her thesis on the social sustainability of health insurance, while Raúl Alonso Cancino Reyes received a second prize for his work on AI models for early warning of bank default risk [6] - In Germany, Dr. Theis Bathke won for his doctoral thesis on non-Markov modeling in life insurance, with other prizes awarded to Dr. Sascha Günther and Dr. Constantin Siggelkow for their respective research [7][8] - In France, Samuel Stocksieker received the Prix des Jeunes Docteurs for his thesis on machine learning in modeling rare values, and Pauline Chauveau won the Prix des Jeunes Actuaires for her work on the impact of the economic environment on credit insurers [8] - In Italy, Maria Margherita Corbatti and Matteo Pastore were recognized for their Master's theses on premium valuation in natural event insurance and long-term guarantee measures in insurance companies, respectively [9] Group 3: Organizational Commitment - SCOR emphasizes the importance of risk-related research, contributing to the welfare, resilience, and sustainable development of society [5][11] - The company generated premiums of EUR 20.1 billion in 2024 and operates in over 150 countries [12]

Core Points - The arbitration timeline regarding the retrocession treaties between SCOR and Covéa remains unchanged, with a final decision expected in 2026 [1][2] - SCOR has opposed Covéa's request to stay the arbitration proceedings, indicating a commitment to resolving the dispute [1] - SCOR's financial statements provision for all major arbitrations and disputes at best estimate, reflecting prudent financial management [2] Company Overview - SCOR is a leading global reinsurer, providing a diverse range of reinsurance and insurance solutions to manage risk [2] - The company generated premiums of EUR 20.1 billion in 2024 and operates in over 150 countries with 37 offices worldwide [2]

Core Points - SCOR has announced the availability of its 2025 Interim Financial Report for the period ended June 30, 2025, which has been filed with the French Autorité des marchés financiers [1] - The report can be accessed in the "Regulated Information" section of SCOR's website and hard copies are available at the company's headquarters in Paris [1] - SCOR is recognized as a leading global reinsurer, providing a diverse range of reinsurance and insurance solutions to manage risk effectively [2] - In 2024, SCOR generated premiums amounting to EUR 20.1 billion and serves clients in over 150 countries from 37 offices worldwide [3] Financial Information - The financial information in the 2025 Interim Financial Report is prepared in accordance with IFRS and approved interpretations by the European Union [14] - The financial results for the first half of 2025 have undergone a limited review by SCOR's statutory auditors, with all figures presented in Euros [16] - Financial ratios such as return on invested assets and return on equity are detailed in the appendices of the presentation related to the financial results [15]

Core Insights - SCOR reported a net income of EUR 200 million in Q1 2025, with all business activities contributing positively to this result [4][6][19] - The annualized Return on Equity (ROE) is at 18.7%, reflecting a strong performance compared to previous periods [4][23] - The Group's solvency ratio improved to 212%, indicating a solid capital position [4][6][24] Group Performance and Financials - The Group's net income for Q1 2025 is EUR 200 million, with an adjusted figure of EUR 195 million [4][6] - The annualized ROE stands at 18.7%, up from 17.3% in Q1 2024 [19][23] - The Group Economic Value increased by 6.8% at constant economics, reaching EUR 9.0 billion [4][6][21] - The solvency ratio is estimated at 212%, up 2 points from FY 2024 [4][6][24] P&C (Property and Casualty) Segment - The P&C combined ratio is 85.0%, a significant improvement from 87.1% in Q1 2024, despite natural catastrophe claims [7][12][23] - P&C insurance revenue is EUR 1,858 million, reflecting a 1.2% increase at current exchange rates [12][22] - The P&C insurance service result is EUR 205 million, driven by a low attritional loss and commission ratio of 74.7% [12][13] L&H (Life and Health) Segment - L&H insurance revenue decreased to EUR 2,205 million, down 3.1% at current exchange rates [14][15][22] - The L&H insurance service result improved significantly to EUR 118 million, a 64.9% increase compared to Q1 2024 [15][19] - New business CSM generation in L&H was EUR 76 million, reflecting a strategic shift in business approach [14][15] Investment Performance - Total invested assets reached EUR 24.3 billion, with a return on invested assets of 3.8% [16][17][24] - The regular income yield remained stable at 3.5%, while total investment income increased to EUR 226 million [16][17][22] - The reinvestment rate is at 4.3%, indicating continued strong investment performance [17][24] Market Context and Strategy - SCOR is strategically growing in preferred lines during the April 2025 renewals, with an EGPI increase of 1.5% [8][9] - The company is maintaining underwriting discipline in a softening market, with a focus on profitable and diversified growth [9][10] - Despite competitive pricing expected in loss-free programs, SCOR's overall business mix remains attractive [10][11]

Group 1 - The Ordinary and Extraordinary Shareholders' Meeting of SCOR SE was held on April 29, 2025, where all resolutions proposed by the Board of Directors were approved [2][3] - Shareholders approved a dividend payment of EUR 1.80 per share for the 2024 financial year, with the ex-dividend date set for May 2, 2025, and payment scheduled for May 6, 2025 [2] - The terms of office for directors Fabrice Brégier, Martine Gerow, and Fields Wicker-Miurin were renewed, and Diane Côté and Doina Palici-Chehab were appointed as new directors [3] Group 2 - SCOR generated premiums of EUR 20.1 billion in 2024 and serves clients in over 150 countries from 37 offices worldwide [5]