SCOR SE News

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SCOR and Covéa Lay Down Legal Swords in Return to ‘Mutually Beneficial Relationship’

Jun 11 2021 // French mutual insurer Covéa and reinsurer SCOR finally laid down their legal swords this week – opting instead for “peaceful relations” by signing a binding settlement agreement. The agreement, which...

SCOR Canada Reinsurance Appoints Gay as President and CEO, Succeeding Christoff

Jun 3 2021 // SCOR announced that Olivier Gay has been appointed chief executive officer for SCOR Canada Reinsurance Co., succeeding Paul Christoff, effective June 11, 2021. Gay will continue to serve as chief underwriting officer for...

French Regulator Dismisses Covéa Market Abuse Charges Filed Against SCOR’s Kessler

May 28 2021 // France’s financial markets regulator dismissed market abuse charges, which had been filed against SCOR’s Chairman and CEO Denis Kessler by the reinsurer’s largest shareholder, Covéa. The investigation...

Barclays Dragged into Bitter Feud Between SCOR and Covéa over Failed Hostile Takeover

May 24 2021 // Barclays Plc has been dragged into a bitter feud between two French insurers over its role in a failed hostile takeover bid. SCOR SE is suing Barclays in London for breach of confidence when the bank advised Covéa on its...

Rousseau to Replace Kessler as CEO of SCOR, in Change to Succession Plan

May 18 2021 // Denis Kessler, SCOR’s chairman and chief executive officer, has decided to step down, for personal reasons, from his role as CEO at the end of his current term of office, which will expire at the reinsurer’s...

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