SCOR

SCOR

Insurance

Combining the Art and Science of Risk to protect societies

About us

SCOR, one of the world's largest reinsurers, provides its clients with a diversified and innovative range of solutions to control and manage risk. Using its experience and expertise, “The Art & Science of Risk”, SCOR provides cutting-edge financial solutions, analytics tools and services in all areas related to risk – in Life & Health as well as in P&C. The reinsurance industry is about combining technical expertise and experience with the developments of science. However many tools we use to conduct our activities (models, databases, pricing tools, reserving tools, and so on), we also need expert judgments and human experience to correctly underwrite. This is what we call the art of underwriting. Reinsurance is a knowledge industry. Expertise is an accumulation variable. The most advanced tool will never replace the intuition of a seasoned underwriter facing a complex risk. Because at the end of the day, you have to make a decision, to sign, to underwrite. And what we have underwritten, we cannot overwrite - our word is our bond, as is our signature. This dimension of our business, linked to the art of underwriting, is more important than some observers would have people believe. One way to acquire this art is to share experiences – both good and bad – and to share doubts and questions. Artists always belong to a school, from which they learn their craft. Like artists, we have to learn, imitate, mimic, and then innovate, in order to find our own style and create our own distinctive work.

Website
http://www.scor.com
Industry
Insurance
Company size
1,001-5,000 employees
Headquarters
Paris
Type
Public Company
Founded
1970
Specialties
Property and Casualty Reinsurance, Life Reinsurance, Asset Management, and Life and Health Reinsurance

Locations

Employees at SCOR

Updates

  • View organization page for SCOR, graphic

    86,441 followers

    Join us for our next SCOR Live Session on 2 October at 5 PM CEST to meet the (re)insurer of the future! SCOR's CEO Thierry Léger will be joined by Françoise Gilles, Group Chief Risk Officer at AXA, and John Neal, CEO at Lloyd's, to discuss: ➡️ Emerging and evolving risks, changing customer needs, and other trends impacting the industry   ➡️ How the industry will continue to play a critical role in ensuring prevention, protection, and resilience in the face of future challenges   ➡️ How insurers and reinsurers can work together to find solutions to safeguard societies  

    SCOR Live Sessions - The (re)insurer of tomorrow

    SCOR Live Sessions - The (re)insurer of tomorrow

    www.linkedin.com

  • View organization page for SCOR, graphic

    86,441 followers

    With the Rendez-Vous de Septembre fast approaching, our teams are looking forward to reconnecting with our clients and industry colleagues in Monte Carlo to discuss the latest trends and topics impacting the (re)insurance industry. At SCOR, we know that partnerships are key drivers of innovation. As we strive to bring new solutions for prevention, protection, and recovery, events like this one are key to furthering important discussions with players across the industry. #rdvdeseptember #montecarlo

  • View organization page for SCOR, graphic

    86,441 followers

    Have you ever wondered what it's like to work at SCOR? Do you want to get to know our teams, learn about life at SCOR, and explore the many exciting career opportunities the (re)insruance industry has to offer? We've got big news coming soon! Mark your calendar to check back September 16 for the grand reveal 📆✨

  • View organization page for SCOR, graphic

    86,441 followers

    SCOR has just released our latest insights on the optimal solvency ratio for insurance companies. This report delves into the balance between risk and capitalization, and how P&C insurance companies leverage reinsurance to achieve this balance. Based on data from over 2,100 insurance companies across 30 European countries, our teams have provided valuable benchmarks and answers key questions on this critical topic. Find the report here: https://bit.ly/4dMkFBt

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  • View organization page for SCOR, graphic

    86,441 followers

    Ensuring our teams use data to its full potential requires a strong strategic vision. We are proud to announce that Sofia Kyriakopoulou has been appointed as SCOR’s Chief Data & Analytics Officer (CDAO). Under her leadership, SCOR will further integrate advanced analytics, enabling us to harness the full potential of AI and support data-driven decisions across underwriting, operations, finance, and risk management. Please join us in welcoming Sofia to SCOR!

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  • View organization page for SCOR, graphic

    86,441 followers

    How are we telling the story of reinsurance? As an industry, we have the opportunity to have a real impact in people's lives and on the reslience of societies as a whole. Yet, most people haven't heard of reinsurance, much less know what solutions the industry has to offer. As we look for the next generation of (re)insurance talent, we'll be looking for people who know how to tell the stories behind our solutions. Learn more about hiring trends and needs in the industry with our most recent SCOR Live Session: https://bit.ly/3AcqgC3

  • View organization page for SCOR, graphic

    86,441 followers

    Mental health awareness has been on the rise in recent years -- and with good reason. According to the OECD (Organisation for Economic Co-operation and Development), mental illnesses are the leading cause of disability in Western countries, representing 30% to 40% of long-term sick leaves in Europe. In SCOR's most recent Expert Views article, we discuss one of the most effective and least invasive ways to promote mental health -- increasing physical activity -- and how behavioral science can offer one avenue for insurers to support policyholders' efforts toward overall wellbeing. Find the full article here: https://bit.ly/3XhSm81 Over the last 200 years, the prioritization of mental health has changed drastically. As an essential factor in our overall physical health, individuals are encouraged to maintain healthy mental well-being. Yet, with millions of people worldwide experiencing a mental health disorder, it is our responsibility to address this issue. In our latest Expert View Article, we incorporate behavioral science-based approaches to explain how physical activity can serve as an effective and non-invasive solution to mental health disorders. Understand why insurers should encourage policyholders to be physical activity to potentially reduce the frequency of mental health-related claims.

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  • View organization page for SCOR, graphic

    86,441 followers

    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

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  • View organization page for SCOR, graphic

    86,441 followers

    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

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