Financial Solutions

Unlocking value with capital optimization

Social Block

image finance
Body

Life insurance companies are increasingly focused on optimizing their capital requirements


In today’s world, Life insurers are facing complex capital management and / or reporting challenges. 
In addition to global headwinds for the insurance industry caused by macroeconomic conditions and tough competition for business growth, regulatory (i.e. Solvency II) and accounting changes (i.e. IFRS 17 and Principle-Based Reserving (PBR)) are putting additional pressure on our clients to find the optimal spot within the so called “Magic Triangle”.

Image
triangle for capital management

 

In this context, we propose specific solutions to our clients to help them optimize their solvency and capital position.

 

As a global reinsurer, SCOR has positioned itself as a key partner to its clients, providing tailor-made solutions acting on both the capital available and the capital required.

 

SCOR offers local market support to its clients by leveraging its global expertise

As a pioneer in Europe with several large financial solutions back in 2013, SCOR has developed teams around the world to cope with local regulations and provide innovative solutions to its clients on their specific needs.
Our local financial solutions experts benefit from SCOR’s global footprint to leverage on global resources. In particular:

  • SCOR can offer a broad and deep actuarial pricing expertise on biometric risks for each of the key markets of consideration; SCOR can also offer the support of Legal teams for reviewing the drafting of contract wording
  • SCOR’s P&C alternative solutions team can also play a key role in some specific situations   

 

Our Financial Solutions offer


The goal of SCOR's financial soclutions team is to support their financial needs in three major ways:

Accordion

These solutions are designed to

  • release solvency requirements;
  • remove conservatism in solvency requirements;
  • improve risk diversification;
  • improve profitability indicators.

These solutions most often can be applied to capital-intensive Lines of Business and help to finance business growth or dividend payment

These solutions are designed to

  • alleviate the need for conservatism in terms of reserving requirements;
  • improve profitability indicators;
  • transform inadmissible / intangible assets into admissible assets.

These solutions most often can be applied to long-term business with stringent reserving rules and help to finance business growth or dividend payment
 

These solutions are designed to:

  • free-up capital and cash;
  • transform inadmissible / intangible assets into admissible / tangible assets

They most often are applied to long-term business and help to finance business growth or dividend payment
 

Body
Image
Financial solutions balance sheet

 

Locally, our offer is adapted to our clients' needs

 

In Asia-Pacific, our team provides clients with:

  • Redundant reserve solutions
  • Contingent VIF financing
  • M&A financing
  • New business financing

For any questions on the above please contact Eric Yau

 

In EMEA, our team provides clients with:

  • Solvency capital optimization solutions
  • VIF Financing
  • Contingent reinsurance
  • Lapse reinsurance 
  • M&A financing
  • IFRS financing solutions

For any questions on the above please contact Alexandre Tzenev

 

In the Americas our team provides clients with:

  • Surplus relief
  • Redundant reserve financing
  • Biometric In-force transactions
  • M&A financing
     

For any questions on the above please contact George Hrischenko for U.S. In-force Acquisitions