François de Varenne - 2024 SCOR's Q1 Results

Today, we are pleased to present our Q1 2024 results.
Speaker: François de Varenne, Group Chief Financial Officer and Deputy CEO.

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1H15:21min.

SCOR Foundation - Aligning competitive morbidities and causes of early onset deaths

In this study, the researchers report nationwide real-life practice in the management of prostate cancer (PC) in France, in a population of 4,936,750 men, including 692,516 patients with PC. They found that the first prostate-specific antigen test is taken too late in life, leading to a late diagnosis with reduced chances of curative therapy and a subsequent increase in mortality.

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3:02min.

Fairness of predictive models - an application to insurance markets

In the era of big data and barely interpretable machine learning techniques, ensuring fairness and non-discrimination in predictions poses a significant challenge. At the core of the insurance industry lies the differentiation between high-risk and low-risk policyholders. However, with insurers gathering increasingly extensive data, distinguishing between justified pricing based on risk and unfair discrimination based on sensitive factors becomes more intricate. As Kranzberg's law suggests, "technology is neither inherently good nor bad; nor is it neutral." Hence, it is imperative to accurately measure discrimination to prevent its adverse effects.

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4:31min.

Thierry Léger & François de Varenne - 2023 SCOR's annual results

Today, we are pleased to present our 2023 annuel results.
Speakers: Thierry Léger, Group CEO & François de Varenne, Group Chief Financial Officer and Deputy CEO.

Please find the official press releases here:
English: https://www.scor.com/en/press-release/fourth-quarter-2023-results
French: https://www.scor.com/fr/communique-de-presse/resultats-du-quatrieme-trimestre-2023

About SCOR:
SCOR, a leading global reinsurer, offers its clients a diversified and innovative range of reinsurance and insurance solutions and services to control and manage risk. Applying “The Art & Science of Risk”, SCOR uses its industry-recognized expertise and cutting-edge financial solutions to serve its clients and contribute to the welfare and resilience of society.

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Website: www.scor.com
LinkedIn: https://www.linkedin.com/company/scor/

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1:56min.

60 Seconds on... (Re)insuring construction projects - Isabelle Kowalski

In this episode of our series “60 Seconds On”, Isabelle Kowalski, Head of Construction Line for SCOR P&C Specialty Insurance, answers our questions on (re)insuring construction projects.

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1H29:42min.

SCOR Foundation - Inequalities, Family Structure and Human Capital

On February 21, 2024, the SCOR Foundation held a webinar titled: "Inequalities, Family Structure and Human Capital", presented by SCOR Foundation Chairman Pierre-André Chiappori.

The webinar looked at the influence of changing family structures on wealth and inequalities, with a special reference to the situation in the US, where numerous economists have pointed to an inequality explosion.

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00:55min.

SCOR P&C 1.1 Renewals

Today, SCOR announced growth in preferred lines during the during the January 2024 P&C renewals. These results come in the context of continued hard market conditions and align with the strategic targets outlined in Forward 2026.

Learn more about the results here: https://bit.ly/3UvNnzQ

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2:21min.

SCOR's Connected Insurance Initiative

SCOR's Connected Insurance Initiative, in collaboration with DriveQuant, blends telematics, reinsurance expertise, and innovation to offer personalized protection while encouraging better driving habits and preventing accidents.
This dynamic solution has been designed to address insurer pain points, simplify deployment, and address capacity needs.

Learn more about the solution and how SCOR is helping its clients to build the future of mobility insurance: https://www.scor.com/en/scii-scor-connected-insurance-initiative

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56:27min.

SCOR Foundation - AI and Internal models : the case of banking"

On January 18, 2024, the SCOR Foundation held a webinar titled: “Artificial Intelligence and Internal models: the case of banking".
The speaker was Christophe Hurlin, Professor of Economics at the University of Orléans, Director of the Laboratoire d'Économie d'Orléans (LEO) and member of the Scientific Council of the French supervisory authority (ACPR).
Christophe Hurlin proposed a theoretical and practical reflection on the use of machine learning methods in the context of the internal ratings-based (IRB) approach to bank capital requirements. While machine learning is still rarely used in the regulatory field (IRB, IFRS 9, stress tests), recent discussions initiated by the supervisory authorities suggest that this may soon change.
This subject is crucial given the growing concerns about the potential financial instability caused by the use of opaque models.
Christophe Hurlin questioned, among other things, the performance of AI models versus classical internal models and the trade-off between performance and interpretability. He also presented an initial tentative conclusion concerning the governance of these models.

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2:02min.

Mulah Moriah - 2023 SCOR Actuarial Award in Paris

For more than 25 years, SCOR has been promoting research in the field of actuarial science by sponsoring an annual actuarial award in several countries throughout Europe.

Mulah Moriah was recently awarded the “Prix des Jeunes Docteurs”
at the 2023 SCOR Actuarial Awards in Paris for his work.

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About SCOR:
SCOR, a leading global reinsurer, offers its clients a diversified and innovative range of reinsurance and insurance solutions and services to control and manage risk. Applying “The Art & Science of Risk”, SCOR uses its industry-recognized expertise and cutting-edge financial solutions to serve its clients and contribute to the welfare and resilience of society.

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1:09min.

SCOR for Good in 2023...

In 2023, SCOR for Good initiatives touched more lives than ever before as employees took time to clean up litter in local parks and around our offices, work in community gardens, help at local food banks, and much more.

Thank you to all our collaborators for your time and generosity. We look forward to everything we can accomplish together in 2024!
2:02min.

Antoine Heranval - 2023 SCOR Actuarial Award in Paris

For more than 25 years, SCOR has been promoting research in the field of actuarial science by sponsoring an annual actuarial award in several countries throughout Europe.

Antoine Heranval was recently awarded the “Prix des Jeunes Docteurs”
at the 2023 SCOR Actuarial Awards in Paris for his work on natural risks.

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About SCOR:
SCOR, a leading global reinsurer, offers its clients a diversified and innovative range of reinsurance and insurance solutions and services to control and manage risk. Applying “The Art & Science of Risk”, SCOR uses its industry-recognized expertise and cutting-edge financial solutions to serve its clients and contribute to the welfare and resilience of society.

Find us on:
Website: www.scor.com
LinkedIn: https://www.linkedin.com/company/scor/mycompany/

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2:51min.

Longevity Solutions at SCOR

As the population in many parts of the world grows older and lives longer, longevity risk is rising globally. Rupen Shah, CEO of Longevity and Financial Solutions at SCOR, discusses the rising needs of longevity risk transfer, global market trends, and how SCOR’s Longevity Solutions can help clients manage their risk.

Find out more about SCOR’s Longevity Solutions: https://www.scor.com/en/life-longevity-solutions

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About SCOR:
SCOR, a leading global reinsurer, offers its clients a diversified and innovative range of reinsurance and insurance solutions and services to control and manage risk. Applying “The Art & Science of Risk”, SCOR uses its industry-recognized expertise and cutting-edge financial solutions to serve its clients and contribute to the welfare and resilience of society.

Find us on:
Website: www.scor.com
LinkedIn: https://www.linkedin.com/company/scor/mycompany/

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4:17min.

Longevity Risk Transfer – Benefits, Structure and Opportunities

The need to manage longevity risk is rising in many parts of the world, driven by a growing aging population. What is longevity risk exactly, and how can you manage it effectively? Matthew Collins, Deputy Head of Longevity at SCOR, provides an overview of longevity risk, the longevity risk transfer (longevity swap) structure, regional market opportunities, and how SCOR’s Longevity Solutions benefit clients.

Find out more about SCOR’s Longevity Solutions: https://www.scor.com/en/life-longevity-solutions

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About SCOR:
SCOR, a leading global reinsurer, offers its clients a diversified and innovative range of reinsurance and insurance solutions and services to control and manage risk. Applying “The Art & Science of Risk”, SCOR uses its industry-recognized expertise and cutting-edge financial solutions to serve its clients and contribute to the welfare and resilience of society.

Find us on:
Website: www.scor.com
LinkedIn: https://www.linkedin.com/company/scor/mycompany/

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50:00min.

SCOR Foundation - Geopolitical & geostrategic threats, and the risk of deglobalization

The SCOR Foundation for Science organized an online webinar in December 12, 2023, hosted by Gilles Andreani, on “Geopolitical and geostrategic threats, and the risk of deglobalization.

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8:46min.

Building for Impact #4 - Biological Age Model helps people live healthier with each step

SCOR draws upon a wealth of robust clinical data and superior analytics to develop solutions that give back to society, empowering consumers to live healthier and longer.

With this mission in mind, two SCOR actuaries with innovative mindsets and a deep understanding of advanced data analytics capabilities collaborated to create the Biological Age Model (BAM) and the Good Life app in 2018. BAM utilizes wearable data to compute a user’s “Biological Age” based on an evidence-based model for both mortality and morbidity risks.

The BAM algorithm is at the heart of the Good Life app developed by SCOR/ReMark. It works as a powerful engine to incorporate users’ wearable data and track their physical activity to reduce their Biological Age, while the Good Life app engages users and encourages them to create and keep healthier habits – a great combination of advanced data analytics and award-winning user journey design.

Since its debut, Good Life/BAM has grown in popularity throughout Asia, with further geographical expansion planned in the near future.

More information in the official post on our website: https://www.scor.com/en/expert-views/scors-biological-age-model-helps-people-live-healthier-each-step

To learn more about BAM, visit: https://www.scor.com/en/scor-biological-age-model

To learn more about Good Life, visit: https://www.remarkgroup.com/en/tech-solutions/good-life

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00:39min.

2024 Season's Greetings Card

In 2024, we look forward to another year of trust, collaboration and progress with you as we continue on our journey to shape the reinsurer of tomorrow.

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1:56min.

Roberto Carcache Flores - 2023 SCOR Actuarial Award in Madrid

For more than 25 years, SCOR has been promoting research in the field of actuarial science by sponsoring an annual actuarial award in several countries throughout Europe.

Roberto Carcache-Flores and Abraham Hernández-Pacheco's work on mitigating New Orleans flood risk with CAT Bonds was recently awarded SCOR's 2023 Actuarial Award for the Iberian Peninsula.

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About SCOR:
SCOR, a leading global reinsurer, offers its clients a diversified and innovative range of reinsurance and insurance solutions and services to control and manage risk. Applying “The Art & Science of Risk”, SCOR uses its industry-recognized expertise and cutting-edge financial solutions to serve its clients and contribute to the welfare and resilience of society.

Find us on:
Website: www.scor.com
LinkedIn: https://www.linkedin.com/company/scor/mycompany/

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1H19:08min.

SCOR Foundation - Cancer, COVID-19 and Inequalities

On November 15, 2023, the SCOR Foundation for Science held a conference-debate titled “Cancer, COVID-19 and Inequalities”, with Ayse Arik and George Streftaris.

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