Corporate Governance


SCOR has an objective of adopting best practices with regards to governance as it contributes to meeting its strategic objectives and ensuring an appropriate managment of risks. In 2008 SCOR adopted the Corporate Governance Code for listed corporations (Code de gouvernement d'entreprise des sociétés cotées) published by the AFEP (Association française des entreprises privées) and the MEDEF (Mouvement des entreprises de France) (hereinafter the "AFEP-MEDEF Code") as its corporate governance code of reference. Two governance bodies play a key role: the Board of Directors, which is supported by five committees and includes a Lead Independant Director, and the Executive Committee.

Click here to access legal documents related to governance.
 

The Board of Directors
Role
SCOR’s Board of Directors is responsible for determining the guiding principles of the Company’s business plan and strategy and monitoring their application.  With the exception of powers explicitly reserved to shareholders in Shareholders’ Meetings and within the limits of the corporate purpose, the Board addresses all matters related to the Company’s performance and takes decisions regarding business issues concerning the Company. It designates the CEO and the other persons effectively running the Company. It meets with the key function holders for SCOR SE at least annually. It takes part in the sound and prudent management of the Company. It is informed each quarter by management of the financial position, cash position and commitments of the Company. In accordance with legal provisions, it approves the financial statements, proposes dividends, and makes investment and financial policy decisions. It is informed about market developments, the competitive environment and the most important issues at hand, including in the field of corporate social and environmental responsibility. It approves the Own Risk and Solvency Assessment (“ORSA”) report and takes it into account when making a decisions likely to have a significant impact on the Company. It approves certain policies as well as the SFCR and RSR reports. The Board also carries out the verifications and controls it deems necessary.
Composition
The composition of the Board of Directors is guided by the following principles:
 
  • Application of best in class corporate governance practices;
  • An appropriate number of Board members in order to allow meaningful individual participation;
  • A majority of independent directors, pursuant to criteria adopted by the Board of Directors;
  • Diversity of expertise;
  • International experience and diversity of nationalities;
  • A high proportion of female Board members
12 board members

 

As decided by the Annual General Meeting on 27 April 2017, SCOR's Board is composed of the following 12 directors (of which 8 are independent directors1):

 

From left to right :
 

  • Fields Wicker-Miurin, an American and British citizen, studied in France at the Institut d’Études Politiques de Paris and then in the United States and Italy. She graduated from the University of Virginia and Johns Hopkins University. Fields Wicker-Miurin began her career in banking, before joining Strategic Planning Associates (now Oliver Wyman Consulting) as a senior partner where she was the main advisor to Lloyd’s of London. In 1994, she became Chief Financial Officer and Head of Strategy of the London Stock Exchange. She was a member of the Nasdaq Technology Advisory Council and advised the European parliament on financial markets harmonization. In 2002, she was one of the founders of Leaders’ Quest, whose activity involves organizing programs that allow international leaders from all sectors to meet actors from business and civil society in emerging countries and share their experiences. In 2007 she was awarded the OBE (Officer of the British Empire) and in 2011 she was awarded Fellow of King College London. She is also a director of BNP Paribas, of Control Risks International and a nonexecutive Member of the Board of the Department of Culture, Media and Sports of the UK Government where she chairs the Audit and Risk Committees.
     
  • Thierry Derez, a French citizen, was a lawyer registered with the Paris bar, before joining the insurance group AMGMF in 1995, first as Deputy Chief Executive Officer of GMF and then as Chairman and Chief Executive Officer of Assurances Mutuelles de France and of GMF in 2001. He was appointed Chairman and Chief Executive Officer of the AZUR-GMF Group in September 2003. He is currently Chairman of the Board of Directors of Assurances Mutuelles de France, of GMF Assurances and Chairman and Chief Executive Officer of Garantie Mutuelle des Fonctionnaires (GMF). He was appointed as director of MAAF Assurances in November 2004 and became its Chairman and Chief Executive Officer in June 2005. Since June 2007, he has been the Chairman of the Board of Directors of MMA IARD Assurances Mutuelles, MMA IARD, MMA Vie Assurances Mutuelles and MMA Vie. Since 2008, he has been Chairman and Chief Executive Officer of Covéa.
     
  • Bruno Pfister, a Swiss citizen, lawyer at the Geneva Bar and MBA graduate from UCLA Anderson School of Management, was Vice-Chairman of the Swiss Insurance Association, Chairman and Group CEO of Swiss Life AG, member of the Divisional Executive Board of Credit Suisse and Chief Financial Officer and member of the Executive Board of Liechtenstein Global Trust. He is Executive Chairman of the “Wealth Management & Trust of Rothschild & Co Group function which includes the Presidency of the Board of Directors of Rothschild Bank AG.
     
  • Michèle Aronvald (employee-elected director), a French citizen, has 37 years of experience within SCOR Group. She has held various positions within the Group Finance Investment team: back and middle office manager, investment & treasury accounting manager, investment reporting manager and compliance investment reporting manager. She is currently Investments Accounting Process & Control Manager. She was employee director between 2003 and 2006.
     
  • Marguerite Bérard-Andrieu, a French citizen, is a graduate of the Institut d’Etudes Politiques de Paris, of Princeton University (Woodrow Wilson School of International and Public Affairs), and a former student at the École Nationale d’Administration (ENA). She began her career in 2004 as an auditor at the French Treasury in the Inspection Générale des Finances. From 2007 to 2010, she was an advisor to the President of the French Republic on employment and social affairs. From November 2010 to May 2012, she was the Chief of Staff of the French Minister for social affairs. In July 2012, Marguerite Bérard-Andrieu joined Groupe BPCE, and was appointed Deputy Chief Executive Officer, member of the General Management Committee in charge of Strategy, Legal Affairs, the Group Company Secretary’s Office and Compliance. In the first half of 2015, Marguerite Bérard-Andrieu joined the Steering Committee of Institut Montaigne. In 2016, she was appointed member of the Management Board in charge of the Group finance, strategy, legal Affairs and Group company secretary of BPCE Group.
     
  • Denis Kessler (Chairman & CEO), a French citizen, is a graduate of HEC business school (Ecole des Hautes Etudes Commerciales) and holds a PhD in economics and advanced degrees in economics and social sciences. He was Chairman of the Fédération Française des Sociétés d’Assurance (FFSA), Senior Executive Vice-President and member of the Executive Committee of the AXA Group and Executive Vice-President of MEDEF (Mouvement des Entreprises de France). He joined the Group as Chairman and Chief Executive Officer on 4 November 2002.
     
  • Claude Tendil, a French citizen, began his career at the Union des Assurances de Paris (UAP) in 1972. He joined the Drouot Group in 1980 as Chief Operating Officer. He was promoted in 1987 to Chief Executive Officer, before being appointed Chairman and Chief Executive Officer of Présence Assurances, a subsidiary of the AXA Group. In 1989, he was appointed Director and Chief Executive Officer of Axa-Midi Assurances, Chief Executive Officer of AXA from 1991 to 2000, then Vice-Chairman of the management board of the AXA Group until November 2001. During this same period, he was also Chairman and Chief Executive Officer of the AXA Group’s French insurance and assistance companies. Claude Tendil was appointed Chairman and Chief Executive Officer of the Generali Group in France in April 2002 until October 2013, when he became the Chairman of the Board of Directors, holding this position until June 2016.
  • Kory Sorenson, a British citizen, was born in the US. She speaks fluent French and has a DESS degree in corporate finance from the Institut d’Études Politiques de Paris, a master’s degree in applied economics from the University of Paris Dauphine, a bachelor’s degree in econometrics and political science from the American University in Washington, D.C. and a certificate in governance from Harvard Executive Education and another one from INSEAD. Kory Sorenson has over twenty years of experience in financial services, most of which has been focused on insurance and banking. She was Managing Director, Head of Insurance Capital Markets of Barclays Capital and also held senior positions in the insurance capital markets and debt capital markets divisions of Credit Suisse, Lehman Brothers and Morgan Stanley. She began her career in the treasury department of Total SA in Paris. Kory Sorenson is currently a non-executive director of several major companies.
  • Augustin de Romanet, a French citizen, is a graduate of the Institut d’Études Politiques in Paris and a former student of the École Nationale d’Administration. He was previously Chief Executive Officer of Caisse des dépôts et consignations, between 2007 and 2012, and chaired the Fonds Stratégique d’Investissement between 2009 and 2012. Prior to that, he was Deputy Finance Director at Crédit Agricole S.A. and a member of the Executive Committee. Before taking up that position, Augustin de Romanet served as Deputy Secretary General to the Presidency of the Republic of France, between June 2005 and October 2006, and held positions in various ministerial offices. In particular, between 2002 and 2005, he was Chief of Staff to Alain Lambert, Minister Delegate for the Budget, Deputy Chief of Staff to Francis Mer, Minister for the Economy, Finance and Industry, Chief of Staff to JeanLouis Borloo, Minister for Employment, Labor and Social Cohesion, and lastly, Deputy Chief of Staff to Prime Minister Jean-Pierre Raffarin. Awarded the Légion d’honneur in 2007, Augustin de Romanet has received a number of awards, notably “Capitalist of the Year” awarded by the Nouvel Economiste magazine in 2008 and “Financier of the Year” awarded by Minister of the Economy in 2012. Augustin de Romanet has been Chairman and Chief Executive Officer of Aéroports de Paris since 2012.
  • Jean-Marc Raby, a French citizen, holds a degree in economics as well as an MBA from HEC. He has spent his entire professional career at the Macif group. He became Regional Director of Macif Centre (a regional Macif entity) in 2000, and was subsequently appointed Deputy Chief Executive Officer of the Macif group, in charge of Economic Management, alongside the Chief Executive Officer, Roger Iseli. In 2012, he was appointed Chief Executive Officer of the Macif group.
  • Thomas Saunier, a French citizen, is graduated from Ecole Polytechnique, ENSAE and Institute of the French Actuaries. Director of the actuary, then of the piloting and management audit (pilotage et contrôle de gestion) of CNP Assurances from 2000 to 2003, Mr. Thomas Saunier spent more than 10 years at Generali France of which he initially was Deputy Chief Executive officer (Directeur Général Adjoint) in charge of the products, the operations and the information and finances systems. In 2005, he was promoted Chief Executive Officer (Directeur Général) in charge of the individuals market, the IT and the services, before taking in 2011, the responsibility for the companies, the professionals and the individuals markets. Named within the group Malakoff Médéric in an environment characterized, for all the actors of social protection, by challenges without precedent in the management of the supplementary pension and in the development of the insurance activities for individuals, he took up his post within the group Malakoff Médéric on June 1st, 2016. 
     
  • Vanessa Marquette, a Belgian citizen, holds a law degree and an economic law degree from the Université Libre de Bruxelles. She also studied law at the University of Michigan Law School as well as at Davis University and Berkeley University. She has practiced as a lawyer of the Brussels Bar since 1995. She specializes in Banking Law and Financial Law and has particular expertise in the areas of Corporate Law, Insolvency Law and Security Interests and Private International Law. She is the partner and managing partner of the business law firm Simont Braun, which she joined in 2005 after having practised law at the Brussels offices of Stibbe Simont Monahan Duhot and Freshfields Bruckhaus Deringer. Vanessa Marquette is a lecturer at the Université Libre de Bruxelles where she teaches International Financial Law.
     

As assessed by the Compensation and Nomination Committee using the criteria set by the Board’s Internal Regulations based on the recommendations of the AFEP-MEDEF corporate governance code of November 2016.

 

The Board’s advisory committees
SCOR’s Board of Directors has established five advisory committees to prepare its proceedings and make recommendations on specific subjects.
The Strategy Committee
The Strategy Committee is composed of Denis Kessler (Chairman), Marguerite Bérard-Andrieu, Thierry Derez, Vanessa Marquette, Bruno Pfister, Jean-Marc Raby, Augustin de Romanet, Thomas Saunier (as representative of Malakoff Médéric Group), Kory Sorenson, Claude Tendil and Fields Wicker-Miurin. 
 
The Committee’s mission is to examine the Group’s development strategy, including investments in organic growth and major internal restructuring operations, plus any significant operation falling outside of the strategy announced by the Group and to examine any acquisition, merger, asset contribution or disposal in an amount in excess of EUR 100 million.
 
The Strategy Committee met on three occasions in 2016, each meeting lasting approximately two hours. The members of the Strategy Committee also met during a day-long seminar of the Strategy Committee.
 
Its work dealt with various aspects of the strategy of the Group.
 
The Audit Committee
The Audit Committee is composed of Kory Sorenson (Chairman), Marguerite Bérard-Andrieu, Vanessa Marquette, Bruno Pfister and Fields Wicker-Miurin. Each of its members is independent.
Due to the experience and positions held by its members during their career, the Committee has a high level of financial expertise.
 
The Audit Committee has two main missions:
 
  • Accounting and financial responsibilities, including the analysis of periodic financial statements, the review of the relevance of choices and correct application of accounting standards, the review of the accounting treatment of any material transaction, the review of the scope of consolidation, the review of significant off-balance sheet commitments, the control of the selection of Statutory Auditors, the review of any accounting and financial reporting documents before they are made public. The Group audit fees for services rendered during the year are subject to a quarterly review and approval by the Audit Committee, with a specific review for the services other than audit services. The Audit Committee approves the non-core audit fees to ensure that the auditors’ independence is not impaired;
     
  • Ethical, internal control and compliance responsibilities: the Audit Committee is responsible for ensuring that internal procedures relating to the collection and auditing of data guarantee the quality and reliability of the Group’s financial statements. The Audit Committee is also in charge of reviewing agreements with related parties (“conventions réglementées”), analyzing and responding to questions from employees with regard to internal controls, the preparation of financial statements and the treatment of internal accounting books and records. It gives its opinion on the organization of Internal Audit, examines its annual work program, receives internal audit reports and stays informed regarding the implementation of recommendations. Finally, it examines the annual compliance plan and stays informed regarding the Company’s compliance activities.
The Committee may consult the Chief Financial Officer, the Head of Internal Audit, the Heads of the actuarial and compliance functions and the Statutory Auditors on these issues, including in the absence of SCOR executives. It may also call upon outside experts. During the 2016 financial year, and for each meeting, it met with the Statutory Auditors, the Group Chief Financial Officer (during the review of the financial statements) and the Head of Internal Audit, in the absence of SCOR executives. The review of the financial statements was completed by a presentation made by the Statutory Auditors highlighting the main results of their work and the accounting methods used, as well as by a presentation made by the Group Chief Financial Officer describing risk exposure and material off-balance sheet liabilities.
 
The Audit Committee met on four occasions in 2016, each meeting lasting approximatively 2.5 hours. The Chairman and Chief Executive Officer attended all the meetings in 2016.
 
The discussions focused primarily on the following matters:
 
  • Accounting and financial responsibilities: The review of the quarterly, half-year and annual financial statements, the review of the half-year interim report, the hybrid debt issuance, the review of the 2016 budget and operating plan, the embedded value, the review of the Statutory Auditors’ report, the review of the 2015 Registration Document and of the management report, the review of the financial resolutions for the Annual Shareholders’ Meeting ;
     
  • Ethical, internal control and compliance responsibilities: The review of the quarterly internal audit reports and of the 2016 internal audit plan, the annual review of the Group Policies (especially those required by Solvency II), the actuarial function report, the annual review of compliance activities, the annual review of related party agreements and of the review of the work of the Audit Committees of the subsidiaries.

 

The Risk Committee
The Risk Committee is composed of Bruno Pfister (Chairman), Thierry Derez, Vanessa Marquette, Kory Sorenson, Claude Tendil and Fields Wicker-Miurin. Each of its members is independent except for Thierry Derez and Claude Tendil.
 
The Committee is responsible for examining, notably based on the Own Risk and Solvency Assessment (ORSA), the major risks with which the Company is confronted, both on the assets and liabilities side, and for ensuring that tools for monitoring and controlling these risks are in place. It examines SCOR’s risks and its Enterprise Risk Management (ERM) policy. It studies the Group’s strategic risks (including emerging risks) as well as the Group’s main technical and financial commitments (underwriting, reserving, market, concentration, counterparty, asset-liability management, liquidity and operating risks as well as relating to changes in prudential regulations).
 
The Risk Committee met four times in 2016, each meeting lasting approximately two to three hours.
 
The Committee discussed the following matters: main exposures and main risks of the Group, the Group’s risk appetite, the capital shield policy and its effectiveness, the Solvency II project, the review of the follow-up letters (“lettres de suite”) received from the ACPR, the review of the 2016 solvency report and internal control report, the review of the Group Policies required by Solvency II, the 2016 internal model results, the review of the 2016 ORSA report, the cyber risks and the changes in prudential regulations.
The Compensation and Nomination Committee
The Compensation and Nomination Committee is composed of Augustin de Romanet (Chairman), Michèle Aronvald (employee director), Thierry Derez, Vanessa Marquette, Bruno Pfister, Claude Tendil and Fields Wicker-Miurin.
 
The Committee submits recommendations concerning compensation packages for the executive corporate officer and members of the Executive Committee of the Group, pensions, share allocation plans and stock option plans or stock subscription plans to the Board of Directors and examines proposals related to the composition, organization and functioning of the Board of Directors and its Committees. Its missions are described in the Board Internal Charter.
 
The Chairman and Chief Executive Officer attends to the works of the Compensation and Nomination Committee meetings relating to appointments and to those relating to the compensation policy of members of the Executive Committee of the Group.
 
The Compensation and Nomination Committee met five times in 2016, each meeting lasting approximately two to three hours.
 
The Committee discussed the following matters:
 
  • compensation matters: Update of the Group compensation policy, share and stock option allocation plans, Compensation of the Chairman and Chief Executive Officer and of the other members of the Executive Committee, review of the “say on pay”, HR review and outlook, review of the succession plan of the key executives of the Group, review of the rules for granting directors’ fees;
     
  • governance matters: Renewal of the Board of Directors of SCOR SE, process for the selection of new directors, review of the independence, fitness and properness of the directors, assessment of the Board and its Committees and follow-up, review of the cost of the governance within the Group in 2015, renewal of the D&O program, review of the Board Internal Charter, review of the fit and proper policy, review of professional gender equality and equal pay.
The Crisis Management Committee
The Crisis Management Committee is composed of Augustin de Romanet (Chairman), Denis Kessler, Bruno Pfister, Kory Sorenson and Fields Wicker-Miurin.
 
The Crisis Management Committee meets only when necessary and as many times as it deems necessary.
 
It is charged with assisting and advising the Board of Directors and proposing to the Board any necessary measures and decisions in the event of a crisis affecting the Company, the Group or one of its members, as well as following up on such measures and decisions.
 
Depending on the agenda, the Lead Independent Director, who chairs this Committee, may exclude the Chairman and Chief Executive Officer from the discussions of the Crisis Management Committee. The Chairman and Chief Executive Officer must, moreover, be disqualified from such discussions if the crisis is linked to a subject that personally concerns him.
 
No Crisis Management Committee meeting was held in 2016.

LEAD INDEPENDENT DIRECTOR

The Internal Regulations of the Board of SCOR SE provide for the appointment of a Lead Independent Director, from amongst the independent Directors by the Board of Directors upon a proposal by the Compensation and Nomination Committee. He assists the Chairman and CEO in his duties, notably for the organization and functioning of the Board and its Committees and the monitoring of corporate governance and internal control. 
He is also in charge of assisting the Board concerning the efficiency of the Company's corporate governance and advising the Board on the operations in respect of which Board meetings are convened to deliberate. He convenes meetings of the independent directors as often as needed and at least once a year, and he chairs the non-executive directors session. 
He advises the directors when they are suspected of being in a situation of conflict of interest.
Since April 27, 2017 the Lead Independent Director is Augustin de Romanet

 

Executive Committee
Denis Kessler - Chairman of the Board of Directors and Chief Executive Officer of SCOR
 
Denis Kessler, a French citizen, is a graduate of HEC business school (Ecole des Hautes Etudes Commerciales) and holds a PhD in economics and advanced degrees in economics and social sciences. He was Chairman of the Fédération Française des Sociétés d’Assurance (FFSA), Senior Executive Vice-President and member of the Executive Committee of the AXA Group and Executive Vice-President of MEDEF (Mouvement des Entreprises de France). He joined the Group as Chairman and Chief Executive Officer on 4 November 2002.

 

Victor Peignet - Chief Executive Officer of SCOR Global P&C
Victor Peignet
Victor Peignet, a French citizen, a Marine & Offshore Engineer and graduate of the Ecole Nationale Supérieure des Techniques Avancées (ENSTA), joined SCOR’s Facultative Department in 1984 from the offshore Oil & Gas contracting industry. He has more than 15 years’ underwriting and management experience in Energy & Marine insurance at SCOR. He has been at the head of the Group’s Corporate Business Division (Business Solutions) since its creation in 2000, first as Executive Vice President and as Managing Director from April 2004. Since July 2005, he has been the Chief Executive Officer of SCOR Global P&C, which is one of the Group’s two operational entities and which manages the Group’s Non-Life business worldwide. In November 2015 he was appointed by the Board as a person effectively running SCOR SE and the SCOR Group as per the Solvency 2 directive.

 

 

Paolo De Martin - Chief Executive Officer of SCOR Global Life
Paolo De Martin
Paolo De Martin, an Italian citizen, graduated from Ca’ Foscari University, Italy, with a degree in Business Economics. He subsequently spent two years in the optical business as founder and managing partner of an eyewear manufacturer. He joined General Electric Company (GE) in 1995 as a finance trainee in London. In 1997, he joined GE’s internal auditing & consulting Group, charged with assignments in multiple GE businesses in the Americas, Europe and Asia/Pacific. In 2001, Paolo De Martin was promoted to Executive Manager for GE Capital Europe, before joining GE Insurance Solutions as Financial Planning and Analysis Manager for Global Property and Casualty Reinsurance. In 2003, he was appointed Chief Financial Officer of GE Frankona Group before becoming Chief Financial Officer of Converium Holding AG in July 2006. In September 2007, Paolo De Martin was appointed Group Chief Financial Officer of SCOR. In January 2014, Paolo De Martin, after a short sabbatical period, was appointed Chief Executive Officer of SCOR Global Life. In November 2015, he was appointed by the Board as a person effectively running SCOR SE and the SCOR Group as per the Solvency 2 directive.

 

 

François de Varenne - Chief Executive Officer of SCOR Global Investments
 
François de Varenne
François de Varenne, a French citizen, is a graduate of the Ecole Polytechnique and a civil engineer of the Ponts et Chaussées. He holds a PhD in finance and graduated as an actuary from the Institut de Science Financière et d’Assurances (ISFA). François de Varenne joined the Fédération Française des Sociétés d’Assurances (FFSA) in 1993 as Manager of Economic and Financial Affairs. In London beginning in 1998, he served successively as Insurance Strategist with Lehman Brothers, Vice-President for asset management solutions and structured transactions, a specialist in insurance and reinsurance companies at Merrill Lynch, and then at Deutsche Bank. In 2003, he became Managing Partner of Gimar Finance & Cie. He joined the Group in 2005 as Director of Corporate Finance and Asset Management. On 3 September 2007, he was named Group Chief Operating Officer. On 29 October 2008, he was appointed Chief Executive Officer of SCOR Global Investments.

 

 

Mark Kociancic - Chief Financial Officer of SCOR
 
Mark Kociancic
Mark Kociancic , a Canadian citizen, is a graduate of the University of Toronto and holds a Bachelor of Commerce degree. He also holds a Chartered Accountant (CA) designation and a Chartered Financial Analyst (CFA) designation. Upon graduation in 1992, Mark joined Ernst & Young within its Life and P&C insurance practice and has subsequently held progressively senior positions within the insurance industry with St Paul Guarantee, Avalon Risk Associates and Tokio Marine, prior to joining SCOR US as Senior Vice President & Chief Financial Officer in May 2006. He was appointed SCOR Americas Hub CFO in June 2008 and was promoted to Executive Vice President in July 2010. He was appointed Deputy CFO of SCOR Group in October 2012 and in May 2013 became Group Chief Financial Officer.

 

 

Frieder Knüpling - Chief Risk Officer of SCOR
 
Frieder Knüpling

Copyright Nathalie Oundjian

Frieder Knüpling, a German citizen, holds degrees in Mathematics and Physics from the Universities of Göttingen and Freiburg. He worked as a lecturer and research assistant at the University of Freiburg and several other colleges, until he received a PhD in Economics based on research into the econometric modelling of macroeconomic and financial data. From 1999 to 2002, he worked for Gerling-Konzern Globale Rückversicherungs-AG and its UK subsidiary, dealing with pricing and valuation. As at 2003, he headed the Corporate Actuarial & Treasury department of the Revios Group. In 2007, Frieder Knüpling has headed SCOR’s Corporate Actuarial Department, reporting to the Chief Risk Officer. He was appointed Deputy Chief Risk Officer of SCOR in December 2008. In July 2010, he was appointed Deputy Chief Executive Officer of SCOR Global Life and member of the SCOR Group Executive Committee (Group Comex). On 1st October 2012, he was appointed Deputy Group Chief Risk Officer and on 17 January 2014, he was appointed Group Chief Risk Officer. Frieder Knüpling is a fellow of the Deutsche Aktuarvereinigung (DAV) and a Chartered Enterprise Risk Analyst (CERA).

 

 

Romain Launay - Chief Operating Officer of SCOR

Copyright Nathalie Oundjian

 

Romain Launay, a French citizen, is a graduate of the Ecole Polytechnique, the Ecole des Mines de Paris and the Centre des Hautes Etudes de l’Assurance. Having occupied various posts at the French Ministry for the Economy and Finance between 2004 and 2009, he became Technical Advisor to the Prime Minister in 2009. He joined SCOR in February 2012 as Senior Advisor to the Chairman & Chief Executive Officer, before becoming Group General Secretary in May 2014. In February 2016, he was promoted to Group Chief Operating Officer (COO).

 

 

Benjamin Gentsch - Deputy Chief Executive Officer of SCOR Global P&C
 

Copyright Nathalie Oundjian

Benjamin Gentsch, a Swiss citizen, graduated with a degree in management from the University of Saint-Gall where he specialized in insurance and risk management. From 1986 to 1998, he held several positions at Union Reinsurance Company, where from 1990 to 1998 he directed treaty underwriting in Asia and Australia. In 1998, he joined Zürich Re as head of international underwriting responsible for strengthening the company’s position in Asia, Australia, Africa and Latin America. He also supervised the “Global Aviation” reinsurance department and developed its “Global Marine” department. In September 2002, Benjamin Gentsch was appointed Chief Executive Officer of Converium Zürich, then Executive Vice President in charge of Specialty Treaties. In September 2007, he was appointed Chief Executive Officer of SCOR Switzerland and Deputy Chief Executive Officer of SCOR Global P&C.

 

Simon Pearson - Deputy Chief Executive Officer of SCOR Global Life
 
Simon Pearson

Copyright Nathalie Oundjian

Simon Pearson, a British citizen, is a Fellow of the Institute of Actuaries. After graduating in 1987 with an Honours degree in Economics from the University of York Simon started his actuarial career with a mid-sized UK mutual life insurer, NPI. Qualifying as an Actuary in 1992 Simon held a number of actuarial management positions covering pricing & product development, reserving, embedded value & financial reporting. Simon joined the UK life subsidiary of Gerling Global Re in 1999, becoming the Appointed Actuary in 2001. At the beginning of 2004 Simon became the CEO of the UK subsidiary of the newly established Revios. Upon the integration of Revios into SCOR he became a member of the SCOR Global Life senior management team at the end of 2006. In 2008 Simon was promoted to manage SGL’s Northern Europe region covering UK, Ireland and Scandinavia. In August 2011 Simon was appointed SGL Head of EMEAA covering Europe, Middle East, Africa and Asia-Pacific. In November 2014, he was appointed Deputy Chief Executive Officer of SCOR Global Life and CEO of SCOR Global Life Europe, Middle East & Africa (EMEA).