SCOR Se (SCR.SW)
SCOR Se operates in the Insurance - Reinsurance industry of the Financial Services sector, headquartered in Paris, FR. The stock last traded at $32.10, up 5.59% on the session, giving a market capitalisation of $5.74B. Its beta of 0.52 implies it has historically moved less than the broad market.
SCOR SE, established in Paris, France in 1970, is a major international player offering both life and non-life reinsurance products across diverse regions including Europe, the Middle East, Africa, the Americas, Latin America, and Asia Pacific. The company's business is structured into two main divisions: SCOR Global P&C and SCOR Global Life. The SCOR Global P&C segment specializes in property and casualty reinsurance, encompassing a broad range of coverages such as property, motor vehicle, and casualty treaties, alongside credit and surety, decennial insurance, aviation, marine and energy, engineering, agricultural risks, and catastrophic property events. This segment also provides specialty insurance products, including business solutions, political and credit risk coverage, cyber insurance, and environmental impairment liability, and engages in business ventures and partnerships. Conversely, the SCOR Global Life segment focuses on life reinsurance, providing protection for mortality, morbidity, behavioral risks, disability, long-term care, critical illness, medical needs, and personal accidents. This division further offers financial solutions that integrate traditional life reinsurance with financial elements to enhance clients' liquidity, balance sheet performance, solvency, and income. Additionally, it delivers longevity solutions, which address risks arising from insured individuals or annuitants living longer than actuarially expected, and distribution solutions. Beyond these core reinsurance operations, the company also manages assets.
SCOR Se is most often compared with the following Financial Services names: