SCOR SE
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SCOR SE
SCOR SE is a France, French tier 1 reinsurance company providing Property and Casualty (P&C) and Life reinsurance solutions to its clients. It is one of the leading reinsurers in the world. Created in 1970 with the backing of the French government, its original name was ''Société Commerciale de Réassurance'', hence "SCOR". The SE acronym indicates that the company is a ''Societas Europaea'' (European company). In 2007, it became the first French listed company to use the SE acronym in its name. History SCOR SE was founded in 1970 in Paris, France. SCOR today is the world's fourth largest reinsurer and has a presence in 160 countries worldwide with more than 3,000 employees. In 1996, SCOR acquired the reinsurance business of Allstate. In 2002, Denis Kessler was named the chairman and CEO after a near collapse of the company. Kessler was brought on board in order to restore the reinsurer's financial performance. Kessler made a number of acquisitions throughout his tenure. The ...
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Societas Europaea
A ''societas Europaea'' (, ; "European society" or "company"; plural: ; abbr. SE) is a public company registered in accordance with the corporate law of the European Union (EU), introduced in 2004 with the Council Regulation on the Statute for a European Company. Such a company may more easily transfer to or merge with companies in other member states. As of April 2018, more than 3,000 registrations have been reported, including the following nine components (18%) of the Euro Stoxx 50 stock market index of leading eurozone companies (excluding the SE designation): Airbus, Allianz, BASF, E.ON, Fresenius, LVMH Moët Hennessy Louis Vuitton (and its parent company Dior), SAP, Schneider Electric and Unibail-Rodamco-Westfield. National law continues to supplement the basic rules in the Regulation on formation and mergers. The European Company Regulation is complemented by an Employee Involvement Directive which manages the rules for participation by employees on the company ...
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