SCOR SE
SCOR SE, a French‑based reinsurance and insurance company listed on the NYSE Euronext Paris, reported that its Latin American reinsurance market is undergoing a competitive shift. The statement was made by Alfredo Lomeli, SCOR’s executive responsible for the Latin American region, in an interview published by ReinsuranceNews on 26 November 2025.
Key points from the interview
| Issue | Details |
|---|---|
| Competitive dynamics | Lomeli noted that the Latin American reinsurance landscape is becoming more fragmented, with a rise in local and regional players that are improving underwriting quality and pricing competitiveness. |
| SCOR’s strategic response | The company plans to enhance its product offerings in the region, focusing on specialty lines such as cyber, environmental liability, and structured finance. SCOR also intends to deepen its distribution network by partnering with local brokers and insurers. |
| Risk environment | Lomeli highlighted an increase in climate‑related losses across Latin America, suggesting that SCOR will continue to invest in catastrophe modeling and reinsurance solutions that address climate risk. |
| Financial outlook | While not providing specific numbers, SCOR emphasized that the company’s overall underwriting performance remains strong and that its capital adequacy ratios are comfortably above regulatory requirements. |
Company context
- Sector: Financials – Insurance
- Primary listing: NYSE Euronext Paris (ticker: SCOR)
- Market capitalisation: €4.87 billion (as of 25 November 2025)
- Price‑to‑earnings ratio: 5.58
- Share price: €27.20 (closing price on 25 November 2025)
- 52‑week range: €21.22 – €31.82
- Business model: SCOR operates through a network of subsidiaries across Europe, the Americas, Asia, and Africa, offering life, accident, property‑and‑casualty, health, and special‑needs reinsurance. The company also maintains a portfolio of real‑estate investments.
- History: The company was publicly listed on 9 October 1996.
Market implications
SCOR’s acknowledgement of increased competition in Latin America signals a shift in the region’s reinsurance market structure. For investors, the company’s proactive strategy—expanding specialty coverage and strengthening local partnerships—may help maintain its market share and profitability. The emphasis on climate‑related risk management aligns with broader industry trends and could enhance SCOR’s resilience to catastrophic events.
Overall, SCOR SE remains a significant player in the global reinsurance market, with a solid financial base and a clear strategy to navigate evolving competitive dynamics in key growth regions.
