SCOR SE, together with its subsidiaries, provides life and non-life reinsurance products in Europe, the Middle East, Africa, the Americas, Latin America, and Asia Pacific. It operates in two segments, SCOR P&C and SCOR L&H. The SCOR P&C segment offers reinsurance products in the areas of property, motors, casualty treaties, credit and surety, decennial insurance, aviation, marine and energy, engineering, agricultural risks, and property catastrophes; specialties insurance products, including business solutions, political and credit risks, cyber, and environmental liability; and business ventures and partnerships. The SCOR L&H segment provides life reinsurance products, such as protection for mortality, morbidity, behavioral risks, disability, long-term care, critical illness, medical, and personal accident. This segment also provides financial solutions that combine traditional life reinsurance with financial components and provide liquidity, balance sheet, solvency, and income improvements to clients; longevity solutions that include products covering the risk of negative deviation from expected results due to the insured or annuitant living longer than assumed in the pricing of insurance covers provided by insurers or pension funds; and distribution solutions. In addition, it is involved in the asset management business. SCOR SE was founded in 1970 and is headquartered in Paris, France.

SCOR S/ADR

(RTTNews) - SCOR Group reported that its first quarter net income increased to 200 million euros from 196 million euros, last year. Earnings per share was 1.12 euros compared to 1.10 euros. Net income excluding the mark to market impact of the option on own shares was 195 million euros compared to 176 million euros. Earnings per share excluding the mark to market impact of the option on own shares was 1.09 euros compared to 0.98 euros.
First quarter insurance revenue was 4.06 billion euros compared to 4.11 billion euros, last year. Gross written premiums were 4.91 billion euros compared to 4.95 billion euros.
Thierry Léger, CEO of SCOR, said: "Overall, we are starting the year with a high ROE of 18.7% and an improved solvency ratio of 212%, supported by positive net operating capital generation."
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