SCOR

With natural disasters increasing in both frequency and severity, more and more (re)insurers are turning their attention toward parametric insurance as a solution that enables faster recovery and greater social resilience. In this three-part series, SCOR's Stève Udriot explores how these policies stack up against traditional indemnity-based insurance, the benefits and drawbacks, and the importance of fully aligning each parametric solution with the client’s specific needs. Find the series here: https://bit.ly/3X31Ynf

Can behavioral science help to improve the insurance application process? In the latest SCOR Innovation Podcast episode, SCOR's Aisling Bradfield, Head of Behavioral Science, and Katherine McLaughlin, Pricing and Innovation Actuary, discuss the recent findings of a project that quantifies the effects of applicant disclosure using behavioral science principles to improve question design. Learn about the joint project by SCOR's behavioral science team and the Society of Actuaries, including the findings, obstacles faced, the benefits the results bring to underwriting, and more. Find the podcast here: https://bit.ly/3WZ96jc #BehavioralScience #Reinsurance #Underwriting

The consequences of climate change can increasingly be felt in our daily lives – and this isn't just a concern for P&C (re)insurers. At SCOR, we are working to understand how #climatechange will impact human health and wellness and how we can best support our clients and policyholders. Learn more here: https://bit.ly/3AcjjRy

With climate change, the emergence of new building materials, and other trends driving shifting risk patterns, SCOR’s Tim Chapman, Regional Construction Manager for EMEA, offers insights about the evolving landscape of construction insurance. As we work to build a better future for all, you can learn more about SCOR's construction business, emerging risks, and the insurer's role below 👇

What does it mean to be a reinsurer in today's risk landscape? At SCOR, it means supporting the resilience and sustainable development of societies through: 1️⃣ Partnerships 2️⃣ Innovation 3️⃣ Solutions Learn more about how we are working to foster prevention, protection, and recovery in our 2023 Activity Report: https://bit.ly/3yi1rDK

As SCOR works to centralize our business in APAC, we are combining two existing L&H regions – L&H Fast Growth Markets APAC and L&H Mature Markets APAC – into a unified SCOR L&H APAC. Chloe Wang, who has served in a number of leadership roles since joining SCOR in 2010 and most recently as Head of L&H Fast Growth Markets APAC, has been named Head of SCOR L&H APAC. “Asia Pacific is a key growth region for Life & Health, presenting both a wealth of opportunities to grasp, as well as particular challenges to navigate,” says SCOR CEO Thierry Léger. “We count on Chloe, her leadership team, and all our SCOR L&H employees in APAC to continue to contribute to our profitable growth and we wish her luck in this new role.” Dion Russell, who served most recently as SCOR’s Head of L&H Mature Markets APAC, has decided to leave SCOR to pursue other opportunities. Paula Bourke, Deputy CEO for L&H Australia and New Zealand (ANZ), will step in as of interim Head of L&H ANZ.

We have the data. Now we need to tell the story. Soft skills are becoming increasingly important in (re)insurance. Céline Remay-Louvet (SCOR's Head of People Development, Talent, and Change Management) explains that while they're not replacing the hard skills and expertise the industry is built on, soft skills will be crucial in the future as interdisciplinary and international teams work to offer innovative solutions to evolving and emerging risks. Learn more about the skills and profiles the industry is seeking in our recent SCOR Live Session: https://bit.ly/3AcqgC3

Paris is putting its best foot forward this summer and that means we've seen many new construction projects go up around the city. Construction insurance covers risks during the building phase, but with innovative and sustainable designs at the forefront, how do we assess new risks and insure these buildings over the long term? In this last video of our weekly summer series, Jaume Avella Fluvia, SCOR's Head of IDI, explains what Inherent Defects Insurance is and why it's important for the longevity of construction projects.

Sustainable investments form a crucial component of SCOR's forward-thinking strategy, aiming to enhance societal resilience to ensure a better future for all. Learn more about our investment approach in the 2023 Group Sustainability Report: https://bit.ly/3TKamow

With some experts predicting that 2024 could be the hottest year on record, climate change is posing a very real risk to human health. Learn what this means for individuals and societies – and how life (re)insurers should respond – in this SCOR's series of Expert Views articles on climate change in L&H: https://bit.ly/3AcjjRy