Shareholder Structure


Shareholders declaring having more than 2.5% of the registered capital and shareholders represented on the Board of Directors.


Distribution of capital (number of shares, % of capital and voting rights) – (i) shareholders having more than 2.5% of the registered capital and/or voting rights and (ii) shareholders represented on the Board of Directors (on the basis of a study of identifiable share bearers ("Titres aux Porteurs Identifiables" – "TPI") conducted by the Company as at 31 December 2017). 


Groupe Covéa 15,767,803 8.15% 8.40%
Allianz Global Investors Europe GmbH 8,582,641 4.44% 4.57%
Tweedy, Browne Company LLC 8,238,348 4.26% 4.39%
Alecta pensionsförsäkring, ömsesidigt 8,000,000 4.13% 4.26%
BlackRock Fund Advisors2 6,316,715 3.26% 3.37%
Malakoff Médéric 5,875,506 3.04% 3.13%
OFI Asset Management 2,880,984 1.49% 1.54%
Generali 1,379,169 0.71% 0.74%
Treasury Shares 5,866,249 3.03%  
Employees3 6,934,545 3.58% 3.70%
Other 123,658,357 63.91% 65.90%
Total 193,500,317 100.00% 100.00%

The percentage of voting rights is determined on the basis of the number of shares at closure, excluding the company’s own treasury shares.

Investment decisions are treated individually in BlackRock’s funds even though voting intentions are taken by the parent fund for all funds. BlackRock Inc’s aggregated number of shares, including BlackRock Institutional Trust Company, amounted to 11,355,866 representing 5.87% of capital and 6.05% of voting shares.

3 This shareholding notably includes performance shares granted in accordance with the authorizations of the SCOR SE General Meeting of Shareholders, prior to the publication of Law n°2015-990 of August 6, 2015 and held as registered shares by employees as at December 31, 2017. Employee shareholdings, as defined in Article L.225-102 of the French Commercial Code, represent 690 479 shares at 31/12/2017 and amount to 0.36% of the company’s capital and 0.37% of voting rights.


Pursuant to the shareholder’s notifications received by SCOR, there was no other shareholder than those indicated in the table above holding, directly or indirectly, alone or in concert, more than 2.5% of the share capital or voting rights of the Company as at December 31, 2017. According to CMi2i share analysis on 31/12/2017, some of these companies are in addition shareholders via mutual funds and other investment funds.