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Arbitration confirms SCOR's retrocession treaties with Covéa, awarding $488.3M compensation.

Market News
25 Jun 2026
Na
View Source
Bullish
pluang ai news

SCOR announced that an arbitration tribunal upheld the validity of retrocession treaties made with Covéa in June 2021, involving the transfer of 30% of SCOR's Life & Health portfolio in Ireland. The tribunal awarded Covéa compensation of USD 488.3 million. This decision will impact SCOR's Q2 2026 net results by about EUR 50 million but will not affect its solvency or liquidity. SCOR continues to focus on its Forward 2026 plan, emphasizing financial stability and disciplined underwriting amid market competition.

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