SCOR Acknowledges Arbitration Ruling on 2021 Retrocession Treaties

SCOR, a leading global reinsurer, has announced that an arbitration tribunal has confirmed the validity of its retrocession treaties with Covéa. These treaties, established in June 2021, involve the transfer of 30% of SCOR's Life & Health portfolio held by its Irish entities to Covéa. The arbitration proceedings began in 2022 to ensure the enforcement of these agreements.

The tribunal's decision includes compensation of USD 488.3 million to Covéa. SCOR estimates this will impact its net results by approximately EUR 50 million in the second quarter of 2026, but reassures that there will be no negative effect on its solvency ratio or liquidity.

SCOR continues to focus on the final year of its Forward 2026 plan, prioritizing balance sheet resilience and disciplined underwriting amid a competitive market.