SCOR’s corporate governance is strong, diverse and independent.
As a listed Group, SCOR adheres closely to best practices. Since 2008, SCOR has adopted the Corporate Governance Code for listed corporations (Code de gouvernement d'entreprise des sociétés cotées) published by the AFEP (Association Française des entreprises privées) and the MEDEF (Mouvement des entreprises de France) (hereinafter the "AFEP-MEDEF Code") as its corporate governance code of reference. Two governance bodies play a key role in meeting the Group’s strategic objectives and ensuring appropriate management of risks: the Board of Directors, which is supported by six committees and includes a Lead Independent Director, and the Group Executive Committee.
The Board of Directors
The SCOR SE Board of Directors establishes the Group’s business plan and strategy, ensures its implementation, and oversees the social and environmental implications of SCOR’s activity.
The Board of Directors is currently composed of 14 directors including two employee-elected directors:
Denis Kessler (Chairman & CEO), a French citizen, is a graduate of HEC business school (École des hautes études commerciales), holds a PhD in economics and advanced degrees in economics and social sciences, and is a Fellow of the French Institute of Actuaries. He was Chairman of the French Insurance Federation (FFA), Senior Executive Vice‐President and member of the Executive Committee of the AXA group and Executive Vice‐President of MEDEF (Mouvement des entreprises de France). He joined SCOR as Chairman and Chief Executive Officer on November 4, 2002. In January 2016, he was elected to join the Academy of Moral and Political Sciences of the Institut de France.
Fabrice Brégier, a French citizen, is a graduate of École polytechnique and a Chief Engineer of the Corps des mines. He began his career at the DRIRE Alsace (Ministry of Industry and Trade) before being appointed Sub-Director of Economic, International and Financial Affairs at the Ministry of Agriculture (Directorate-General for Food) in 1989. After serving as an Advisor to several French Ministers from 1989 to 1993, Fabrice Brégier was appointed Chairman of Franco-German joint ventures at Matra Défense, Director of Standoff activities at Matra BAe Dynamics, and then Chief Executive Officer of MBD/MBDA. Before becoming a member of the Executive Committee of Airbus in 2005, he was Chairman and Chief Executive Officer of Eurocopter from 2003 to 2005. Fabrice Brégier has twenty years of experience in aerospace and defense. He has spent a large part of his professional career at Airbus Group, holding the position of Airbus COO between 2006 and 2012, then Airbus President and Chief Executive Officer between 2012 and 2017, and finally COO of Airbus and Chairman of Airbus Commercial Aircraft between 2017 and 2018. Fabrice Brégier has been Chairman of Palantir France since October 2018.
Lauren Burns Carraud, an American citizen, is a graduate of Saint Joseph’s University and holds an MBA from NYU Stern School of Business. She began her career at Marsh, specializing in D&O liability for financial institutions. Prior to joining SCOR, Lauren spent eight years at Citigroup and J.P. Morgan in a variety of strategy, banking, communications and public relations roles. She joined SCOR in 2018 as Deputy Chief Communications Officer.
Fiona Camara, a French citizen, graduated with a bachelor’s degree in applied foreign languages from Paris-Sorbonne University where she was also awarded a Master of Science degree in Management of international tourism. Fiona Camara began her career in 2013 as a Personal Assistant for a tour operator manager in San José (Costa Rica). She later worked as personal assistant to a record label manager in Atlanta (United States), as well as for a French concierge service for high-profile clients. Fiona Camara joined SCOR in 2015 as personal assistant to the SCOR Group Chief Information Officer.
Adrien Couret, a French citizen, graduated from HEC, is a member of the French Institute of Actuaries, and has been Chief Executive Officer of the Macif group since May 2019 (Aéma group since January 2021 following the merger between Macif and Aésio Mutuelle). He previously held various executive positions within this group since his arrival in January 2008. He is also Chairman of the Board of Directors of Ofi Asset Management and Vice-Chairman of the association des assureurs mutualistes.
Vanessa Marquette, a Belgian citizen, holds a law degree and an economic law degree from the université libre de Bruxelles. She also studied law at Davis University and Berkeley University and she holds an LLM degree from the University of Michigan Law School. She has practiced as a lawyer registered with the Brussels Bar since 1995,and specializes in banking law and financial law and she also has particular expertise in the areas of corporate law, insolvency law and security interests and private international law. She has taught international financial law at the université libre de Bruxelles since 2004 and is the author of several publications on banking and financial law. She has been a partner in the banking &finance department of the law firm Loyens & Loeff since March 2020, having been a partner at the business law firm Simont Braun from 2005 until February 2020 and having practiced law at the Brussels offices of Stibbe Simont Monahan Duhot and Freshfields Bruckhaus Deringer. Vanessa Marquette has been an independent director of Erasme Hospital since 2017.
Bruno Pfister, a Swiss citizen, lawyer registered with the Geneva Bar and an MBA graduate from UCLA Anderson School of Management, was Chairman of the Board of Directors of Rothschild& Co Bank AG from December 2014 to September 2019. He was Vice-Chairman of the Swiss Insurance Association, Chief Executive Officer and Chairman of the Swiss Life AG group, member of the Executive Committee of the Credit Suisse Banking division and Chief Financial Officer and member of the Executive Board of LGT group AG.
Augustin de Romanet, a French citizen, is a graduate of the Institut d'études politiques in Paris and a former student of the École nationale d’administration. He was previously Chief Executive Officer of Caisse des dépôts et consignations, between 2007 and 2012, and chaired the Fonds stratégique d’investissement between 2009 and 2012. Prior to that, he was Deputy Finance Director at Crédit Agricole S.A. and a member of the Executive Committee. Augustin de Romanet also served as Deputy Secretary General to the French President, between June 2005 and October 2006, and held positions in various ministerial offices. In particular, between 2002 and 2005, he was Chief of Staff to Alain Lambert, Minister Delegate for the Budget, Deputy Chief of Staff to Francis Mer, Minister for the Economy, Finance and Industry, Chief of Staff to Jean-Louis Borloo, Minister for Employment, Labor and Social Cohesion, and lastly, Deputy Chief of Staff to French Prime Minister Jean-Pierre Raffarin. Awarded the Légion d’honneur in 2007, Augustin de Romanet has received a number of awards, notably “Capitalist of the Year” awarded by the Le Nouvel Économiste magazine in 2008 and “Financier of the Year” awarded by Minister of the Economy in 2012. Augustin de Romanet has been Chairman and Chief Executive Officer of Aéroports de Paris since 2012 and Chairman of Paris Europlace since July 2018.
Thomas Saunier, a French citizen, is a graduate of École polytechnique, ENSAE and the French Institute of Actuaries. Head of the Actuarial Department and Director of Steering and Management Control at CNP Assurances from 2000 to 2003, he spent more than 10 years at Generali France, initially as Deputy Chief Executive Officer responsible for products, operations and information and finance systems. In 2005, he was promoted to Chief Executive Officer responsible for the retail market, IT and customer service, before taking charge of the corporate, professional and retail markets in 2011. Appointed Chief Executive Officer of Malakoff Médéric Group in an environment characterized, for all stakeholders in the social protection sector, by unprecedented challenges in the management of supplementary pensions and in the development of life and health insurance business, he took up his position within the group on June 1, 2016. Following the merger of the Humanis and Malakoff Médéric groups, on January 1, 2019 Thomas Saunier became Chief Executive Officer of the Malakoff Médéric Humanis group, now known as Malakoff Humanis group.
Kory Sorenson, a British citizen, was born in the United States. She speaks fluent French and has a post-graduate (DESS) degree from l'Institut d’études politiques de Paris, a master’s degree in applied economics from the University of Paris-Dauphine, a bachelor’s degree in econometrics and political science from the American University in Washington, D.C. and has completed governance programs with Harvard Executive Education, INSEAD and the Stanford Graduate School of Business. Kory Sorenson has over 28 years of experience in financial services, particularly in capital and risk management within insurance and banking institutions. She was Managing Director, Head of Insurance Capital Markets of Barclays Capital and also held senior positions in the insurance capital markets and debt capital markets divisions of Credit Suisse, Lehman Brothers and Morgan Stanley. She began her career in finance in the treasury department of Total SA in Paris. Kory Sorenson is currently a non-executive director of several major companies.
Claude Tendil, a French citizen, began his career at the Union des assurances de Paris (UAP) in 1972. He joined the Drouot group in 1980 as Chief Operating Officer. He was promoted in 1987 to Chief Executive Officer, before being appointed Chairman and Chief Executive Officer of Présence Assurances, a subsidiary of the AXA group. He was appointed Director and Chief Executive Officer of AXA-Midi Assurances in 1989, Chief Executive Officer of AXA from 1991 to 2000, then Vice-Chairman of the Management Board of the AXA group until November 2001. During the same period, he was also Chairman and Chief Executive Officer of the AXA group’s French insurance and assistance companies. Claude Tendil was appointed Chairman and Chief Executive Officer of the Generali group in France in April 2002 until October 2013, when he became the Chairman of the Board of Directors, holding this position until June 2016.
Natacha Valla, a French citizen, is an economist, currently Dean of the School of Management and Innovation at Sciences Po Paris. She began her career at the European Central Bank (2001-2005) and then worked at the Banque de France (2005-2008) before joining Goldman Sachs as Executive Director (2008-2013). She was then Deputy Director of CEPII (2014-2016), a think tank in international economics before joining the European Investment Bank (2016-2018) in charge of Economic policy and Economic strategy. From 2018 to May 2020, she was Deputy CEO for Monetary Policy at the European Central Bank. She has been a member of the Economic Commission of the Nation, of the Scientific Committee of the ACPR and of the Council of Economic Analysis (conseil d’analyse économique, CAE). She received her PhD from the European University Institute in Florence and is the author of numerous books and articles in monetary and international economics.
Zhen Wang, a Chinese citizen, holds a bachelor’s degree from the Beijing Normal University, and is a Fellow of the Chartered Insurance Institute (FCII). She began her insurance career in 1982 by joining PICC, the insurance monopoly then, and became the General Manager of International Department in 1996 upon PICC becoming PICC group. From 1997 to 2016, she worked for Munich Re, was the Chief Representative of MR Beijing, the Chief Executive of MR Beijing Branch, the Board member of MR Greater China Advisory Board respectively. Zhen Wang has been an independent director of Bank of China Insurance Company since 2014, of Trust Mutual Life Insurance Company in China since 2017 and of PICC Re since 2020.
Fields Wicker-Miurin, an American and British citizen, studied in France at the Institut d'Études Politiques de Paris, in the United States and Italy. She graduated from the University of Virginia (BA) and the School of Advanced International Studies of Johns Hopkins University (MA). Fields Wicker-Miurin began her career in banking, before joining Strategic Planning Associates (now Oliver Wyman Consulting) as a senior partner where she was the main advisor to Lloyd’s of London. In 1994, she became Chief Financial Officer and Head of Strategy of the London Stock Exchange, where she led both the strategic and structural aspects of its complete restructuring. She was a member of the Nasdaq Technology Advisory Council and advised the European Parliament on financial markets harmonization. In 2002, she was one of the founders of Leaders' Quest, a social enterprise that works with leaders from all sectors and across the globe who want to make a responsible, positive difference through their leadership. In 2007 she received an OBE (Officer of the British Empire) and in 2011 she was appointed Fellow of King’s College London. She is also a director of BNP Paribas and of Prudential plc.
SCOR’s Board of Directors has six active and specialized advisory committees, which prepare its proceedings and make recommendations on specific subjects.
The Audit Committee is composed of Kory Sorenson (Chair), Vanessa Marquette, Bruno Pfister, Natacha Valla and Fields Wicker- Miurin. Each of its members is independent.
Due to the experience and positions held by its members during their career, the Committee has a high level of financial expertise.
The Audit Committee has two main missions:
- accounting, financial and non-financial responsibilities, including the analysis of periodic financial statements, the review of the relevance of choices and correct application of accounting standards, the review of the accounting treatment of any material transaction, the review of the scope of consolidation, the review of significant off-balance sheet commitments, the control of the selection of Statutory Auditors, the review of any accounting and financial reporting documents before they are made public. The audit fees for services rendered by Statutory Auditors during the year are subject to a quarterly review and approval by the Audit Committee, with a specific review for the non-audit services. The Audit Committee approves the non-audit fees to ensure that the auditors’ independence is not jeopardized;
- ethical, internal control and compliance responsibilities: the Audit Committee is responsible for ensuring that internal procedures relating to the collection and auditing of data guarantee the quality and reliability of SCOR’s financial statements. The Audit Committee is also in charge of reviewing agreements with related parties (conventions réglementées), analyzing and responding to questions from employees with regard to internal controls, the preparation of financial statements and the treatment of internal accounting books and records. It gives its opinion on the organization of Internal Audit, examines its annual work program, receives internal audit reports and stays informed regarding the implementation of recommendations. Finally, it examines the annual compliance plan and stays informed regarding the Company’s compliance activities.
If applicable, the Audit Committee ensures the implementation of a mechanism to prevent and detect corruption and influence peddling. It receives all of the information needed for this purpose and reports, if applicable, to the Board of Directors.
The Committee may consult the Chief Financial Officer, the Head of Internal Audit, the Heads of the actuarial and compliance functions and the Statutory Auditors on these issues, including in the absence of the Chairman and Chief Executive Officer. It may also call upon outside experts.
During the 2020 financial year, and for each meeting, it met with the Statutory Auditors and the Group Chief Financial Officer (during the review of the financial statements), in the absence of the Chairman and Chief Executive Officer. The review of the financial statements was accompanied by a presentation made by the Statutory Auditors highlighting the main results of their work and the accounting methods used, as well as by a presentation made by the Group Chief Financial Officer describing risk exposure and material off-balance sheet liabilities. The review of the financial statements was accompanied by a management presentation describing SCOR’s exposure to social and environmental risks.
The Risk Committee is composed of Bruno Pfister (Chairman), Fabrice Brégier, Vanessa Marquette, Kory Sorenson, Claude Tendil, Zhen Wang and Fields Wicker-Miurin. Each of its members is independent except Claude Tendil.
The Committee is responsible for examining, particularly based on the Own Risk and Solvency Assessment (ORSA), the major risks to which the Group is exposed, both on the assets and liabilities side, and for ensuring that tools for monitoring and controlling these risks are in place. It examines the Group’s main risks and its Enterprise Risk Management (ERM) policy. It also examines the Group's strategic risks (including emerging risks) as well as the Group’s main technical and financial commitments (underwriting, reserving, market, concentration, counterparty, asset-liability management, liquidity and operating risks as well as the risks relating to changes in prudential regulations).
The Risk Committee may call upon outside experts.
The Compensation and Nomination Committee is composed of Augustin de Romanet (Chairman), Lauren Burns Carraud (director representing employees), Vanessa Marquette, Bruno Pfister, Claude Tendil and Fields Wicker-Miurin. Except for the director representing employees and Claude Tendil, the Committee members are independent.
The Committee presents to the Board of Directors recommendations related to the compensation of the executive corporate officer and of the corporate officers, to free share allocation plans and stock option plans, and examines proposals related to the composition, organization and operating procedures of the Board of Directors and its Committees.
The Committee ensures that the executive corporate officers implement a policy of non-discrimination and diversity, in particular regarding the balanced representation of women and men within the governing bodies and reports to the Board of Directors.
The Chairman and Chief Executive Officer attends Compensation and Nomination Committee meetings and puts forward proposals relating to appointments and compensation for SCOR employees. He does not participate in discussions related to his own situation.
The Compensation and Nomination Committee may call upon outside experts.
The Corporate Social and Societal Responsibility and Environmental Sustainability Committee is composed of Fields Wicker-Miurin (Chairperson), Fiona Camara (director representing employees), Vanessa Marquette, Bruno Pfister, Augustin de Romanet and Claude Tendil. Except the director representing employees and Claude Tendil, the other members are independent.
Its mission is to:
- examine the main corporate social, societal responsibility and environmental sustainability challenges faced by the Company;
- examine the corporate social and societal responsibility and environmental sustainability strategy and action plans, including commitments made by the Company in this regard, monitor their implementation, and propose any actions in this respect;
- submit to the Board of Directors any proposals designed to take the corporate social and societal responsibility and environmental sustainability issues faced by the Company into consideration when determining its business guidelines;
- examine the corporate social and societal responsibility and environmental sustainability reports submitted to the Board of Directors in accordance with the applicable laws and regulations, particularly the non-financial performance statement referred to in Article L. 22-10-36 of the French Commercial Code;
- study the non-financial ratings obtained by the Company and define, if necessary, objectives in this area;
The Corporate Social and Societal Responsibility and Environmental Sustainability Committee may call upon outside experts.
The Crisis Management Committee is composed of Augustin de Romanet (Chairman), Denis Kessler, Bruno Pfister, Kory Sorenson and Fields Wicker-Miurin.
The Crisis Management Committee meets only when necessary and as many times as it deems necessary.
Its role is to assist and advise the Board of Directors and propose to the Board any necessary measures and decisions in the event of a crisis affecting the Company, the Group or one of its members, as well as following up on such measures and decisions.
Depending on the agenda, the Lead Independent Director, who chairs this Committee, may exclude the Chairman and Chief Executive Officer from the discussions of the Crisis Management Committee. Moreover, any member of the committee must recuse himself or herself from all meetings of said committee linked, directly or indirectly, to a subject that personally concerns him or her.
The Crisis Management Committee may call upon outside experts
Lead Independent Director
The Lead Independent Director, appointed by the Board of Directors among the independent directors, assists the Chairman and CEO in organizing the Board and its Committees and ensuring they operate properly, and in supervising corporate governance.
The Lead Independent Director also assists the Board in the efficiency of the company’s corporate governance and advises it on operations for which Board meetings are convened; convenes meetings of the independent directors as needed (at least once a year); and chairs the non-executive directors session. He can meet with shareholders to answer their questions, on behalf of the Board of Directors, on corporate governance topics. Responsibilities also include advising the directors on situations of potential conflict of interest.
Since April 27, 2017, the Lead Independent Director has been Augustin de Romanet.
SCOR’s Executive Committee is responsible for implementing the strategy adopted by the Board of Directors. The Chairman and Chief Executive Officer has executive authority to manage SCOR’s business, subject to the prior authorization of the Board of Directors or the Shareholders’ Meeting for certain decisions. As the French Code des Assurances stipulates that the effective management of a company must be performed by at least two persons (ie; the “four-eye principle”), the Board of Directors has designated the Chief Executive Officers of SCOR Global P&C and SCOR Global Life to carry out these functions.
Denis Kessler – Chairman of the Board of Directors and Chief Executive Officer of SCOR
Denis Kessler, a French citizen, is a graduate of HEC business school (École des Hautes Études Commerciales), holds a PhD in economics and advanced degrees in economics and social sciences, and is a Fellow of the French Institute of Actuaries. He was Chairman of the Fédération Française de l’Assurance (FFA), Senior Executive Vice-President and member of the Executive Committee of the AXA Group and Executive Vice-President of MEDEF (Mouvement des Entreprises de France). Denis Kessler joined SCOR as Chairman and Chief Executive Officer on November 4, 2002. In January 2016, he was elected to join the Academy of Moral and Political Sciences of the Institut de France.
Benoît Ribadeau-Dumas, a French citizen, is a graduate of the Ecole Polytechnique. Having graduated top of his class from the Ecole Nationale d’Administration (ENA), he began his career at the French Council of State, before becoming advisor to the Prime Minister from 2002 to 2004. In 2004, he joined Thales, an electrical systems group specializing in aerospace, defense and security. In 2010, he joined CGG, a company specializing in underground exploration, as Executive Vice President in charge of the Marine division. He was promoted to manager of the Acquisitions division in 2014. The following year, he joined the Executive Committee of Zodiac Aerospace, where he ran the Aerosystems branch and became a member of the management board. In 2017, he became Chief of Staff to the Prime Minister.
Jean-Paul Conoscente – Chief Executive Officer of SCOR Global P&C
Jean-Paul Conoscente, an American and French citizen, is a graduate of the University of California Berkeley (Master of Science in Structural Engineering) and the Ecole des Travaux Publics, Paris (Engineering Diploma in Civil Engineering). He started his career in earthquake engineering in California and then in CAT Modeling as the European head of the Modeling firm EQECAT. He subsequently held several senior positions with AON Benfield as a reinsurance broker in London and Paris, and then with AXA Re in Paris as the Global Head of Property. In 2008, he joined SCOR in New York as Chief Underwriting Officer for the Americas for SCOR Global P&C; he helped transform SCOR’s team and portfolio in the Americas before taking on the role of CEO of SCOR’s P&C U.S. Operations in 2016. Following SCOR Global P&C’s restructuring in September 2018, Jean-Paul Conoscente became its CEO of Reinsurance globally.
Paolo De Martin – Chief Executive Officer of SCOR Global Life
Paolo De Martin, an Italian citizen, graduated from Ca’ Foscari University, Italy with a degree in Business Economics. He subsequently spent two years in the optical business as founder and managing partner of an eyewear manufacturer. He joined General Electric Company (GE) in 1995 as a finance trainee in London. In 1997, he joined GE’s internal auditing and consulting group, charged with assignments in multiple GE businesses in the Americas, Europe and the Asia-Pacific region. In 2001, Paolo De Martin was promoted to Executive Manager for GE Capital Europe before joining GE Insurance Solutions as Financial Planning and Analysis Manager for Global Property and Casualty Reinsurance. In 2003, he was appointed Chief Financial Officer of GE Frankona Group, before becoming Chief Financial Officer of Converium Holding AG in July 2006. In September 2007, Paolo De Martin was appointed Group Chief Financial Officer of SCOR. In January 2014, after a short sabbatical period, he was appointed Chief Executive Officer of SCOR Global Life.
François de Varenne - Chief Executive Officer of SCOR Global Investments
François de Varenne, a French citizen, is a graduate of the École Polytechnique and a civil engineer of the Ponts et Chaussées. He holds a PhD in finance and graduated as an actuary from the Institut de Science Financière et d’Assurances (ISFA). François de Varenne joined the Fédération Française des Sociétés d’Assurances (FFSA) in 1993 as Manager of Economic and Financial Affairs. In London, beginning in 1998, he served successively as Insurance Strategist with Lehman Brothers, Vice-President for asset management solutions, and structured transactions specialist in insurance and reinsurance companies at Merrill Lynch and then at Deutsche Bank. In 2003, he became Managing Partner of Gimar Finance & Cie. He joined the Group in 2005 as Director of Corporate Finance and Asset Management. On September 3, 2007, he was named Group Chief Operating Officer. On October 29, 2008, François de Varenne was appointed Chief Executive Officer of SCOR Global Investments.
Ian Kelly - Chief Financial Officer of SCOR
Ian Kelly, a British citizen, is a Fellow of the Association of Chartered Certified Accountants. Having begun his career with Prudential, he subsequently joined the London-based Life reinsurance department of the Gerling Group, which later became Revios UK, holding the role of Chief Accountant. Following the acquisition of Revios by SCOR, he was appointed Chief Financial Officer of the UK operations in 2007. In 2009, Ian was appointed Director of General Accounting and Group Reporting, with responsibility for the consolidation of financial reporting of the SCOR Group. Ian strengthened his strategic, regulatory and financial experience within SCOR with his appointment as Head of Group Financial Planning and Analysis in 2011. Maintaining responsibility for the financial planning of the Group, Ian was additionally appointed Head of Investor Relations in 2016.
Frieder Knüpling – Chief Risk Officer of SCOR
Frieder Knüpling, a German citizen, holds degrees in mathematics and physics from the Universities of Göttingen and Freiburg. He worked as a lecturer and research assistant at the University of Freiburg and several other colleges, until he received a PhD in Economics based on research into the econometric modeling of macroeconomic and financial data. From 1999 to 2002, he worked for Gerling-Konzern Globale Rückversicherungs-AG and its UK Life Reassurance subsidiary, dealing with pricing and valuation. As of 2003, he headed the Corporate Actuarial & Treasury department of the Revios Group. In 2007, Frieder Knüpling headed SCOR’s Corporate Actuarial Department, reporting to the Chief Risk Officer. He was appointed Deputy Chief Risk Officer of SCOR in December 2008. In July 2010, he was appointed Deputy Chief Executive Officer of SCOR Global Life and member of the SCOR Group Executive Committee. On October 1, 2012, he was appointed Deputy Group Chief Risk Officer and on January 17, 2014, he was appointed Group Chief Risk Officer. Frieder Knüpling is a fellow of the Deutsche Aktuarvereinigung (DAV) and a Chartered Enterprise Risk Analyst (CERA).
Romain Launay – Chief Operating Officer of SCOR
Romain Launay, a French citizen, is a graduate of the École Polytechnique, of the École des Mines de Paris and of the Centre des Hautes Études de l’Assurance. Having occupied various positions at the French Ministry for Economy and Finance between 2004 and 2009, he became Technical Advisor to the Prime Minister in 2009. He joined SCOR in February 2012 as Senior Advisor to the Chairman and Chief Executive Officer, before being appointed Group General Secretary in May 2014. In February 2016, Romain Launay became Group Chief Operating Officer.
Brona Magee - Deputy Chief Executive Officer of SCOR Global Life
Brona Magee, an Irish citizen, holds a Bachelor of Actuarial and Financial Studies from University College Dublin. From 2006 to 2011 she worked for Transamerica International Reinsurance Ireland, which was acquired by SCOR in 2011. She was CFO for SCOR Global Life Reinsurance Ireland from 2011 to 2013. In 2013, she moved to the United States to take the position of Chief Financial Officer, Americas at SCOR Global Life and in 2015 was promoted to Deputy Chief Executive Officer, Americas. In February 2017, she returned to Dublin and became Chief Actuary for SCOR Global Life. She was appointed Head of Client Solutions and a member of SCOR Global Life’s Executive Leadership Team in November 2017. Brona Magee is a Fellow of the Society of Actuaries in Ireland.
Laurent Rousseau – Deputy Chief Executive Officer of SCOR Global P&C
Laurent Rousseau, a French citizen, is a graduate of HEC (Ecole des Hautes Etudes Commerciales). He started his career in 2001 as an equity analyst at Credit Suisse First Boston in London covering European insurers and reinsurers. In 2005, he joined J.P. Morgan in the insurance Investment Banking team, executing M&A, capital raising and restructuring transactions for European insurers and reinsurers. He joined SCOR in 2010 as Advisor to the CEO and became Head of SCOR Global P&C’s Strategy and Business Development in 2012. In July 2015, he became Chief Underwriting Officer of SCOR Global P&C’s treaty business in Europe, the Middle East and Africa. In April 2018, he was appointed Deputy Chief Executive Officer of SCOR Global P&C and member of the Group’s Executive Committee. Since September 2018, Laurent Rousseau has been CEO of Specialty Insurance (SCOR Business Solutions, the Channel Managing Agency and MGAs).